Announced Sat, 17 Jan · 11:27 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shahnawaz Aijazuddin Shaikh

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Shahnawaz Aijazuddin Shaikh, a non-promoter shareholder of Octaware Technologies Ltd, sold 14,177 equity shares on January 14, 2026 through an off-market transaction. His holding in the company fell from 1,87,348 shares (5.22%) to 1,73,171 shares (4.82%), a reduction of 0.39% of total equity capital. The disclosure was filed under Regulation 29(2) of SEBI's SAST Regulations because his stake crossed below the 5% reporting threshold. The company's total share capital remains unchanged at 35,90,570 equity shares of Rs. 10 each.

Likely market impact

Routine SAST compliance filing by a non-promoter individual; no impact on promoter holding or company fundamentals. Small off-market sale by a single shareholder is unlikely to affect the stock price materially.