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, Promoter and Non-executive Director of Mastek Ltd, bought 9,322 equity shares (0.03% of the company) on March 28, 2025 through the open market. His personal holding rose from 33,84,167 shares (10.94%) to 33,93,489 shares (10.97%). The total promoter group holding moved marginally from 35.94% to 35.97%. No encumbrance (pledge/lien) was involved, and no other promoter group members changed their holdings in this transaction.
The purchase is very small (0.03%) and is unlikely to move the stock price, but it signals continued promoter confidence and a modest build-up of stake in the company. Retail investors may read it as a positive sentiment indicator rather than a material change in ownership.