The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Maxgainz Finserve Pvt Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Nifty Microcap 250market · in no size index; the smallest one is used-0.6%—

Healthcare Service Provider peers, median of 23sector-0.4%—

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AI summary

Looks Health Services Ltd informed the stock exchange that Maxgainz Finserve Pvt Ltd, which belongs to the promoter/promoter group, sold 48,279 equity shares (0.46% of paid-up capital) in the open market on September 22, 2025. After this sale, the promoter entity's holding dropped from 11.03% (11,58,608 shares) to 10.57% (11,10,329 shares). The company's total equity share capital remains unchanged at 1,05,00,000 shares of Rs. 10 each. The filing was made under SEBI's substantial acquisition and takeover rules to formally report the change in promoter shareholding.

Likely market impact

This is a small (0.46%) promoter-group stake reduction and is unlikely to move the stock on its own. However, retail investors should keep an eye on whether further promoter-group sales follow, as repeated selling can be a soft negative signal over time.