The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vijay Kumar Doppalapudi
PRIVISCL · price
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Vijay Kumar Doppalapudi, a promoter of Privi Speciality Chemicals, sold 3,20,000 equity shares (0.82% of total share capital) in the open market on June 19, 2025. His stake has reduced from 8,55,006 shares (2.19%) to 5,35,006 shares (1.37%) of the company. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. Total equity share capital of the company stands at 3,90,62,706 shares.
A promoter reducing his personal stake by more than a third in a single open-market sale may signal a lack of immediate confidence or a need to liquidate holdings. Retail investors should monitor whether other members of the promoter group also trim holdings, which could put short-term pressure on the stock.