Announced Mon, 8 Dec · 12:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Narayan Das Mundhra

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Narayan Das Mundhra, a Non-Executive & Non-Independent Director of Panabyte Technologies Ltd, sold 13,045 equity shares in the open market on December 4, 2025. This disposal reduced his holding from 1,00,000 shares (1.494% of voting capital) to 86,955 shares (1.3% of voting capital), a drop of about 0.19%. The filing clarifies that he is not part of the promoter or promoter group. The company's total share capital remained at 66,90,000 shares (with diluted capital of 70,40,000 shares after accounting for convertible securities).

Likely market impact

This is a minor sell-off by a non-promoter director, with no material impact on ownership structure or control of the company. Retail investors should view this as routine disclosure with negligible effect on the stock.