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, part of the promoter group of Mid East Portfolio Management Ltd, sold 100,000 equity shares (1.99% of paid-up capital) through the open market on August 6, 2025. Before the sale, she held 830,400 shares (16.51%); after the sale, her holding stands at 730,400 shares (14.52%). The company's total paid-up capital remains unchanged at 50,30,000 shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of SEBI's SAST Regulations, 2011.
A promoter trimming a nearly 2% stake through the open market can be viewed as a mild negative signal by retail investors, as it may indicate the promoter is reducing exposure. However, the sale size is relatively small and her remaining holding of 14.52% still makes her a significant shareholder.