Pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations), we are enclosing herewith disclosure received by the Company under Regulation ....
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Awaiting price reaction for this filing.
Promoter and Managing Director & CFO Shaival Dharmendra Gandhi sold 1,70,400 equity shares of Pace E-Commerce Ventures Ltd through a market sale on November 04, 2025, for a total value of approximately ₹38.53 lakh. His stake in the company came down from 52.40% (1,18,07,865 shares) to 51.64% (1,16,37,465 shares), a reduction of 0.76 percentage points. The disclosure was filed with BSE on November 06, 2025, in compliance with SEBI's Prohibition of Insider Trading Regulations, with no derivatives trades involved.
A modest promoter sale of around 0.75% of the company's equity through open market. The promoter remains comfortably above the 50% threshold (now 51.64%), so control is not at risk. The size of the sale is small and unlikely to materially pressure the stock, though some retail investors may view any promoter exit as a mild negative signal.