The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mafia Trends Ltd
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Awaiting price reaction for this filing.
Mafia Trends Ltd, a non-promoter entity, sold 14,56,000 equity shares of Patron Exim Ltd (6.28% of total share capital) through open market between September 30 and October 1, 2025. Before the sale, Mafia Trends held 6.28% (14,56,000 shares) and after the sale, its holding has come down to 0%, meaning a complete exit from the company. The total share capital of Patron Exim remains unchanged at 2,31,80,000 equity shares of Rs. 10 each (Rs. 23.18 crore). The disclosure is filed under SEBI Takeover Regulations by Rajendrasingh Rajpurohit, Managing Director of Mafia Trends Ltd.
A non-promoter fully exiting a 6.28% stake in the open market can create temporary supply pressure on the stock, but since the seller is not a promoter or part of the promoter group, this does not signal any change in promoter control or governance. Retail investors should watch for price action and volume during and after the sale window.