The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjay Lodha & Others
NETWEB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Smallcap 250 and 0.7 pts less than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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On February 12, 2026, the four promoters of Netweb Technologies — Sanjay Lodha, Navin Lodha, Niraj Lodha, and Vivek Lodha — sold a combined 20,79,935 equity shares (3.65% of paid-up capital) through open market transactions. Sanjay Lodha sold the largest chunk at 8,99,000 shares (1.58%), while each of the other three promoters sold 3,93,645 shares (0.69% each). After the sale, the promoter group's total holding in the company has come down from 70.64% to 66.98%. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations to report the sale by the promoter group.
A 3.65% open market sale by the promoter group is a notable negative signal, as it can weigh on short-term stock sentiment due to increased supply and questions around insider confidence. However, the promoter group still retains a comfortable 66.98% stake, leaving control firmly with them and limiting long-term governance concerns.