Promoter Mukesh Babu sells 4.31 lakh shares, stake drops to 43.04%
MUKESHB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts less than Nifty Microcap 250 and 3.6 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Promoter Mukesh Babu sold 4,31,600 equity shares of Mukesh Babu Financial Services via open market on 1 Sept 2026. His holding fell from 49.23 percent (34.31 lakh shares) to 43.04 percent (30 lakh shares), a reduction of 6.19 percentage points. The disclosure was filed under SEBI takeover regulations.
Continued open market selling by the promoter may weigh on stock sentiment. Promoter holding now firmly below 50 percent.