The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramesh Sawalram Saraogi
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ramesh Sawalram Saraogi, along with his PAC M/s Navratri Share Trading Pvt Ltd (explicitly stated as NOT part of the promoter/promoter group), sold 32,00,000 equity shares (0.54% of total capital) of Pro Fin Capital Services Ltd through the open market. The sale was executed in two tranches — 17,00,000 shares on 16-Jan-2026 (0.29%) and 15,00,000 shares on 19-Jan-2026 (0.25%). Post-sale, their combined holding in the company reduced from 8,55,00,000 shares (14.43%) to 8,23,00,000 shares (13.89%). The disclosure was filed on 20-Jan-2026 to comply with SAST Regulations, triggered by the change in shareholding.
Since the seller is confirmed to be outside the promoter group and the sale involves only ~0.54% of equity, this appears to be a routine portfolio rebalancing by a non-promoter shareholder. It is unlikely to materially affect the stock price or signal any negative sentiment about the company's prospects.