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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 1.7 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Mr. Parag K. Shah, promoter of Man Infraconstruction Ltd, bought 5,00,000 (5 lakh) equity shares in the open market on August 20, 2025. His personal holding rose from 11,80,46,965 shares (29.24%) to 11,85,46,965 shares (29.37%), an increase of about 0.13 percentage points. Together with Persons Acting in Concert (Mansi P. Shah, Purvi M. Shah, Manan P. Shah, Vatsal P. Shah, Dhruvi M. Shah, and Arhan M. Shah), the promoter group's total holding stands at 25,14,68,757 shares, equating to 62.30% of the company. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations on August 21, 2025. The shares were acquired on both NSE and BSE where Man Infraconstruction is listed.
This is a positive confidence signal — a promoter adding to his stake in the open market generally indicates belief in the company's future prospects. The acquisition is relatively small in percentage terms but reinforces the strong promoter commitment, with the promoter group already holding a majority 62.30% stake in the company.