BSEMaiden Forgings LtdHighNegative
Announced Tue, 15 Jul · 17:55 IST

Pursuant to Provision of regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulation, 2015, Intimation be and is hereby given that the Company has Received ....

Promoter Below 50pctOwnership 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

Mrs. Nivedita Garg, Whole Time Director and Promoter of Maiden Forgings, sold 1,00,000 equity shares on July 15, 2025 through on-market trading on BSE. The transaction value was approximately Rs. 80 lakh. Her shareholding in the company reduced from 61,56,800 shares (43.32%) to 60,56,800 shares (42.61%), a decline of 0.71%. The disclosure was filed under SEBI (Prohibition of Insider Trading) Regulations, 2015 in Form C.

Likely market impact

This is a minor promoter stake sale that brings the individual promoter's holding below the 43% mark. While the sale is below the 1% threshold that would typically require additional disclosure, retail investors should monitor if further promoter selling follows, which could indicate reduced insider confidence.