Announced Tue, 2 Sept · 12:19 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 1pctPromoter Below 50pctOwnership 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 62,000 equity shares (1.23%) through an open market transaction on August 29, 2025. Her holding dropped from 486,947 shares (9.68%) to 424,947 shares (8.45%) of the company. The company has a paid-up equity capital of 50,30,000 shares of Rs. 10 each (Rs. 5.03 crore). No encumbrance (pledge/lien) was invoked or released as part of this transaction.

Likely market impact

This is a relatively small open market sale by a promoter group member, reducing her stake from 9.68% to 8.45%. While individually minor, repeated promoter group exits can be a sentiment negative for retail investors and may pressure the stock in the short term.