The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nitinkumar Didwania
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Nitinkumar Deendayal Didwania, a member of the promoter group of Mapro Industries Ltd, has sold 1,75,000 equity shares through open market transactions up to March 12, 2026. His stake in the company has reduced from 6.90% (5,79,000 shares) to 4.82% (4,04,000 shares), a decline of 2.09 percentage points. The disclosure was filed under SEBI's Takeover Regulations, and the total equity share capital of the company remains unchanged at Rs. 8.39 crore divided into 83.88 lakh shares of Rs. 10 each.
This is a notable open-market stake reduction by a promoter group member, which retail investors typically view as a negative sentiment signal. The selling pressure may weigh on short-term stock price, and shareholders should watch for further disclosures from other promoter group members.