The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Maxgainz Finserve Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Maxgainz Finserve Pvt Ltd, part of the promoter/promoter group of Looks Health Services Limited, sold 50,000 equity shares (0.48% of total share/voting capital) in the open market on June 23, 2025. Before the sale, Maxgainz Finserve held 16,21,669 shares (15.44%); after the sale, its holding stands at 15,71,669 shares (14.96%). The transaction was carried out on BSE (Scrip Code: 534422). The total equity share capital of Looks Health Services is Rs. 10.50 crore, comprising 1.05 crore shares of face value Rs. 10 each. The disclosure has been filed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.
This is a small open-market sale by a promoter group entity, reducing its stake marginally from 15.44% to 14.96%. The impact on share price is likely minimal given the tiny size of the sale, but investors should monitor whether further promoter selling follows.