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 (Promoter) acquired 5,36,440 equity shares of Man Infraconstruction Limited from Mr. Vatsal P. Shah (likely a family member) across three transactions on September 1, 3, and 4, 2025. Parag's stake rose marginally from 29.37% to 29.50%, while Vatsal's holding declined from 8.80% to 8.67%. The Persons Acting in Concert (PAC) holding remained unchanged at 24.13%, keeping the total promoter group stake flat at 62.30%.
This is a reshuffling within the promoter family and does not change the overall promoter shareholding. Net impact on the stock is minimal, though it signals continued promoter confidence in the company.