The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjay Agarwal
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Mr. Sanjay Agarwal has sold his entire holding of 1,80,785 equity shares (3.04% of total share capital) in NDA Securities Ltd to Mr. Ram Gopal Jindal through an off-market transaction on May 23, 2025. Before the sale, Sanjay Agarwal held 1,80,785 shares (3.04%), and after the sale his holding stands at 0 shares (0%). The transaction was carried out pursuant to a Share Purchase Agreement dated February 1, 2024, signed between Sanjay Agarwal, other promoter group members (N D Agarwal, Deepti Agarwal, Saroj Agarwal, N D Agarwal HUF, NDA Research & Technologies Pvt Ltd) and the acquirer Ram Gopal Jindal. The total equity share capital of the company remains unchanged at 59,48,364 shares of Rs. 10 each (Rs. 5.94 crore).
This is a notable promoter exit where one of the named promoters has fully sold out his personal stake to a single non-promoter buyer. For shareholders, it signals a change in the promoter group's composition and raises questions about the acquirer's future plans with the company, though the overall share capital and listing status remain unaffected.