Announced Tue, 9 Sept · 17:13 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jyoti Kishor Shah

Promoter Stake Sell 1pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jyoti Kishor Shah, a member of the promoter group of Mid East Portfolio Management Ltd, sold 40,232 equity shares (0.80% of paid-up capital) through open market on September 9, 2025. Her holding reduced from 424,947 shares (8.45%) to 384,715 shares (7.65%) post-transaction. The total paid-up equity capital of the company stands at 50,30,000 shares of Rs. 10 each (Rs. 5.03 crore). The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011.

Likely market impact

A promoter offloading shares in the open market is generally viewed as a mild negative signal by investors, though the 0.80% reduction is small and could be driven by personal liquidity needs rather than a lack of confidence. Shareholders should monitor whether further promoter selling follows.