Announced Sat, 30 Aug · 19:44 IST

Pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations), we are enclosing herewith the disclosure received to the Company under Regulation ....

Ownership Changes View source PDF

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AI summary

Pace E-Commerce Ventures Ltd informed BSE that its Promoter, Managing Director and CFO, Shaival Dharmendra Gandhi, sold 1,52,400 equity shares through an open market transaction on August 28, 2025. The sale represents 0.67% of the company's total shareholding. Before the disposal, the promoter held 1,38,21,465 shares (61.34%), which has now come down to 1,36,69,065 shares (60.66%). The total value of shares sold was approximately ₹34.65 lakh. No derivative transactions were involved. The disclosure was filed under SEBI's insider trading regulations as a continual disclosure by the promoter.

Likely market impact

The promoter's stake has only marginally declined from 61.34% to 60.66%, so they remain firmly in control of the company. The sale size is small and is unlikely to materially affect the stock price or shake shareholder confidence.