The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramesh Sawalram Saraogi & Navratri Share Trading Pvt Ltd
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Ramesh Sawalram Saraogi, acting along with PAC Navratri Share Trading Pvt Ltd, sold 30,00,000 equity shares (0.51%) of Pro Fin Capital Services Ltd in the open market on 2 January 2026. The sale was disclosed under Regulation 29(2) of SEBI Takeover Regulations. Before the sale, the seller and PAC together held 9,00,00,000 shares (15.19%); after the sale their holding stands reduced to 8,70,00,000 shares (14.68%). The seller is explicitly classified as NOT belonging to the promoter/promoter group. Total equity share capital of the company remains unchanged at 59,25,94,326 shares of Rs 1 each.
This is a relatively small (0.51%) open-market sale by a non-promoter shareholder and is unlikely to materially affect the stock price. Shareholders should note a marginal reduction in a significant non-promoter holder's stake from 15.19% to 14.68%, but no promoter or control-related implications arise.