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 Limited, acquired 4,61,959 equity shares through open market purchases on 18 August 2025 (1,00,000 shares) and 19 August 2025 (3,61,959 shares). This raised his individual stake from 29.13% to 29.24%, an increase of about 0.11%. Combined promoter group holding now stands at 62.17% (25,09,68,757 shares). The total equity capital of the company remains at 40,36,66,505 shares of Rs. 2 each.
Promoter buying shares from the open market is generally seen as a vote of confidence in the company's prospects and may support the stock price sentiment. However, the incremental stake is small (0.11%), so the direct impact on ownership or control is limited.