The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Maxgainz Finserve Pvt Ltd
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Awaiting price reaction for this filing.
Maxgainz Finserve Pvt Ltd, part of the promoter group of Looks Health Services Ltd, sold 43,385 equity shares (0.41% of voting capital) through open market on September 29, 2025. Before the sale, Maxgainz held 11,10,329 shares (10.57%), which has now reduced to 10,66,944 shares (10.16%). The company's total equity capital remains unchanged at Rs. 10.5 crore, comprising 1.05 crore equity shares of Rs. 10 face value. No encumbrance or pledge activity is mentioned in this disclosure. The filing has been submitted by Pritesh Doshi, Authorized Signatory of Maxgainz Finserve.
This is a small open market sale by a promoter group entity, reducing its individual holding from 10.57% to 10.16%. The impact on overall shareholder base is minimal, though continued trimming by promoter entities may be worth monitoring over time.