Pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulation, 2015 (PIT Regulations), we are enclosing herewith disclosure as received to the Company under Regulation ....
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Pace E-Commerce Ventures Ltd informed BSE that its Promoter, Managing Director and CFO, Shaival Dharmendra Gandhi, sold 4,42,800 equity shares (about 1.96% of the company) through an open market transaction on September 1, 2025. Before the sale, he held 1,36,69,065 shares (60.66%), and after the sale his holding stands at 1,32,26,265 shares (58.69%). The disclosure was filed under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 in Form C. No derivative trades were reported alongside this transaction.
A promoter-led open market sale of nearly 2% stake may be viewed negatively by retail investors as it signals insider selling, though the promoter still retains a controlling 58.69% holding in the company.