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, purchased 1,00,000 equity shares in the open market on February 24, 2026. This raised his individual stake from 29.64% (11,96,46,405 shares) to 29.66% (11,97,46,405 shares), a marginal increase of 0.02%. Along with Persons Acting in Concert (PAC), the total promoter group holding now stands at 25,21,31,757 shares, or 62.46% of the company's equity capital. The disclosure was filed under SEBI's Takeover Regulations to report this incremental acquisition.
This is a small open-market purchase by the promoter, signalling continued confidence in the company. The change in stake is minimal (0.02%) and unlikely to materially impact the stock price, but it reinforces promoter commitment given their already high ~62% holding.