BSEMafia Trends LtdLowNegative
Announced Mon, 1 Dec · 13:07 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahendra Singh

Promoter Stake Sell 1pctOwnership Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahendra Singh, a promoter of Mafia Trends Limited, has sold 64,000 equity shares (1.44% of the company's equity) in the open market on 27 November 2025. Before the sale, he held 6,48,310 shares (14.62% stake); after the sale, his holding has come down to 5,84,310 shares (13.18%). No encumbered shares (pledge/lien) are involved — the transaction is purely a sale of fully owned voting equity shares. The disclosure was filed with BSE on 29 November 2025 under Regulation 29(2) of SEBI's Takeover Regulations.

Likely market impact

This is a promoter selling a meaningful chunk of his personal stake (1.44%) via the open market, which may be viewed negatively by retail investors as it signals the promoter's own reduced exposure in the company, though his post-sale stake of 13.18% still indicates he remains a significant shareholder.