The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shweta Singh
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Awaiting price reaction for this filing.
Shweta Singh, a non-promoter shareholder of MRC Agrotech Ltd, sold 70,279 equity shares (0.35% of the company's share capital) through open market transactions between May 13, 2025 and June 5, 2025. The sales were spread across five dates, with the largest single-day sale of 36,779 shares on June 5, 2025. After the sale, her holding reduced from 23,81,346 shares (11.63%) to 23,11,067 shares (11.28%). Despite the reduction, she continues to remain a significant non-promoter shareholder holding above the 10% disclosure threshold. The filing has been made under Regulation 29(2) of SEBI's SAST Regulations, which applies to persons holding 10% or more of a company's shares.
This is a small, gradual offloading by a non-promoter large shareholder and is unlikely to have a material impact on the stock price. However, investors may note that Shweta Singh still holds over 11% of the company, and any further sales could be closely watched.