The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shaival Dharmendra Gandhi
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Promoter and Managing Director/CFO Shaival Dharmendra Gandhi sold 1,52,400 shares of Pace E-Commerce Ventures on August 28, 2025 through an open market transaction. His holding reduced from 61.34% (1,38,21,465 shares) to 60.66% (1,36,69,065 shares), a reduction of 0.67%. The transaction was disclosed under SEBI SAST Regulation 29(2). The total equity share capital of the company remains Rs. 22.53 crore (2,25,33,510 shares of Rs. 10 each).
Minor promoter trimming of stake by less than 1%; promoter continues to hold over 60% of the company, so control remains firmly with the promoter. Such small open-market sales by promoters are generally viewed as neutral but can be watched if more sell-downs follow.