Announced Mon, 18 Aug · 10:20 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

Price

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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, part of the promoter group of Mid East Portfolio Management Ltd, sold 50,000 equity shares (0.99% of paid-up capital) through an open market transaction on August 14, 2025. Her holding fell from 594,396 shares (11.82%) to 544,396 shares (10.82%). The company's total paid-up equity capital remains unchanged at 50,30,000 shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011. No encumbrance or pledge details are involved in this transaction.

Likely market impact

This is a minor promoter-group trim of less than 1%, unlikely to materially affect share price or control. However, it slightly reduces the promoter's stake and keeps her individual holding just above the 10% disclosure threshold, so further small sales may attract additional SAST filings.