The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shweta Harshit Mehta & PACs
MEDICO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Shweta Harshit Mehta, a member of the promoter group of Medico Remedies Ltd, sold 500,000 equity shares (0.64% of the company's total share capital) through open market transactions on 24th–25th September 2025. Her individual holding fell from 53,82,170 shares (6.49%) to 48,82,170 shares (5.85%). The disclosure also lists six persons acting in concert (PACs), including promoters Harshit Haresh Mehta and Rita Haresh Mehta, along with other promoter group members. The total share capital of the company remains unchanged at 8,29,84,000 equity shares of Rs. 2 each.
This is a small promoter group offloading (under 1% of capital) and is unlikely to materially impact the stock price, though it signals mild insider selling pressure worth monitoring alongside any further promoter/PAC transactions.