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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Awaiting price reaction for this filing.
Jyoti Kishor Shah, a member of the promoter group of Mid East Portfolio Management Ltd, sold 136,004 equity shares (2.70%) through an open market sale on August 13, 2025. Before the sale, she held 730,400 shares (14.52%); after the sale, her holding stands at 594,396 shares (11.82%). The shares carry voting rights, and no encumbrances or PAC changes are involved. The total paid-up capital of the company remains unchanged at ₹5.03 crore (50,30,000 shares of ₹10 each).
This is a moderate promoter-group sell-down that may put short-term pressure on the stock. Retail investors should watch for further promoter sales, as continued offloading could weaken promoter control and dent market confidence.