The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashank Desai
MASTEK · price
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Ashank Desai, a promoter of Mastek Ltd, bought 9,322 equity shares (0.03% of total share capital) on March 28, 2025, at market price through the stock exchanges. This is a routine disclosure under Regulation 29(2) of SEBI's Takeover Regulations. Before the purchase, he held 33,84,167 shares (10.94%); after the purchase, his holding rose to 33,93,489 shares (10.97% of total / 10.80% on a diluted basis). No encumbrance, pledge, or other instruments are involved. The shares were acquired through open market trading.
The purchase size is tiny at just 0.03%, so there is no meaningful change in promoter ownership or control. This signals routine promoter confidence but has no material impact on stock price or shareholder value.