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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On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and 0.2 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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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.
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.