The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Parag K Shah & Others
MANINFRA · price
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Awaiting price reaction for this filing.
Mr. Parag K. Shah, a promoter of Man Infraconstruction Ltd, bought 2,00,000 equity shares of the company in the open market across two days — 1,24,000 shares on June 11, 2025, and 76,000 shares on June 12, 2025. This is a small incremental purchase, raising his individual stake marginally from 31.27% to 31.32% of the total share capital. Combined with persons acting in concert (family members including Mansi P. Shah and others), the promoter group's total holding moved from 66.65% to 66.70% post-acquisition. The disclosure was filed under SEBI SAST Regulation 29(2) to report the open-market purchase.
This is a modest, confidence-signalling buy by the promoter, indicating continued faith in the company. However, the size is tiny (just 0.05% increase in promoter group stake) and unlikely to move the stock price materially on its own.