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, classified as a non-promoter shareholder of MRC Agrotech Ltd, sold 1,44,379 equity shares (0.70% of total share capital) through open market transactions between April 21 and April 24, 2025. The sales were spread across four days, with the largest tranche of 75,996 shares on April 21. As a result, her holding in the company declined from 2,672,735 shares (13.05%) to 2,528,356 shares (12.35%). The disclosure has been filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The total equity share capital of the company remains unchanged at 2,04,87,400 shares of Rs. 10 face value.
This is a small reduction in stake by a non-promoter holder, which may put mild downward pressure on the stock in the short term. However, since Shweta Singh still holds a sizeable 12.35% stake, this is not an exit and is unlikely to materially affect the stock price or shareholder value.