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