Pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations), we are enclosing herewith disclosure received to the Company under Regulation(7)(a) ....
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Pace E-Commerce Ventures has disclosed that its Promoter and Managing Director & CFO, Shaival Dharmendra Gandhi, sold 3,60,000 equity shares (about 1.59% of the company's equity) through an open market transaction on September 23, 2025. The total value of the sale was approximately ₹80.86 lakhs. Following this disposal, the promoter's holding in the company reduced from 1,29,33,465 shares (57.39%) to 1,25,73,465 shares (55.79%). The disclosure was filed in Form C under SEBI's Insider Trading Regulations. No derivative trades were undertaken.
This is a mild dilution of promoter holding by about 1.6 percentage points through open market sale, which may be interpreted slightly negatively by retail investors as promoters reducing stake, though the promoter still retains majority control at 55.79% and remains firmly in control of the company.