The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Angshuman Ghosh
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Angshuman Ghosh, a promoter of Nicco Parks & Resorts Ltd, has sold 12,66,834 shares (2.71% of the company's equity) through open market transactions between 22-09-2025 and 16-02-2026. His stake in the company has reduced from 23,40,000 shares (5.00%) to 10,73,166 shares (2.29%). The largest single-day sale was 5,40,000 shares (1.15%) on 16-02-2026. The total equity share capital of the company remains unchanged at 4,68,00,000 shares of Re. 1 each.
This is a significant promoter offloading, with the promoter's individual holding falling below the 5% SAST disclosure threshold. Continued open market selling by a promoter can be a negative signal for retail investors, as it may indicate reduced promoter confidence or need for liquidity.