The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramesh Sawalram Saraogi
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Non-promoter shareholder Ramesh Sawalram Saraogi, along with PAC Navratri Share Trading Private Limited, sold 36,04,122 equity shares (1.22%) of Pro Fin Capital Services Ltd in the open market across December 1 and December 3, 2025. Before the sale, the group held 5,00,00,000 shares (16.87%), and after the sale, their holding reduced to 4,63,95,878 shares (15.65%) of the company's total equity share capital of Rs. 29,62,97,163. The seller explicitly confirmed that he does not belong to the promoter or promoter group of the company. The sale was carried out through the open market route on the BSE.
Since the seller is not a promoter, this is a non-promoter trimming of an already large 15.65% stake and is unlikely to materially affect share price or promoter-controlled decision-making. Investors may, however, note reduced concentrated non-promoter ownership.