The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Narayan Das Mundhra
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Awaiting price reaction for this filing.
Narayan Das Mundhra, a Non-Executive and Non-Independent Director of Panabyte Technologies Ltd, sold a total of 28,601 equity shares in the open market over four trading sessions from December 8 to December 11, 2025 (6,606 + 12,894 + 4,101 + 5,000 shares respectively). His holding dropped from 117,000 shares (1.75% of total share capital) before the sales to 88,399 shares (1.32%) afterwards, a reduction of roughly 0.43 percentage points. The disclosure, filed on December 16, 2025, was delayed, and the director attributed it to inadvertent oversight. He confirmed the trading window was open and that he did not possess any unpublished price-sensitive information (UPSI) at the time of the transactions. The person is explicitly stated as NOT belonging to the promoter or promoter group.
This is a director-level offload (not a promoter), so the volume is relatively small and unlikely to materially move the stock, but it does indicate mild insider selling. The delayed filing is a regulatory compliance lapse that investors should note, though it carries no penalty information in this disclosure.