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 ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts more than Nifty Microcap 250 and 2.9 pts more than its E-Retail/ E-Commerce peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Pace E-Commerce Ventures Ltd informed the stock exchanges that its promoter, Managing Director & CFO Shaival Dharmendra Gandhi, sold 2,92,800 equity shares (1.29% of holding) through an open market transaction on September 04, 2025, valued at approximately ₹68.13 lakhs. Following this disposal, the promoter's stake reduced from 58.69% (1,32,26,265 shares) to 57.39% (1,29,33,465 shares). The company received the disclosure under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 and submitted Form C to BSE on September 08, 2025. No derivative transactions were involved in the deal.
Despite a modest promoter share sale of 1.29%, the promoter continues to hold a majority 57.39% stake, indicating no major shift in control. Retail investors may view this as a routine insider sale, though it could create mild short-term selling pressure on the stock.