The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manmal Marketing Ltd & Others
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Three non-promoter entities — Manmal Marketing Ltd, Arstu Tradelinks Ltd, and Dinman Marketing Ltd (along with Dinman as PAC) — have together sold 4,08,800 equity shares (5.50% of total capital) of Purshottam Investofin Ltd via an off-market transaction. Before the sale, the group held 8,99,600 shares (12.11%); after the sale, their combined holding stands at 4,90,800 shares (6.61%). Manmal Marketing sold 2.11 lakh shares (2.85%), Dinman Marketing sold 1.62 lakh shares (2.18%), and Arstu Tradelinks sold 35,000 shares (0.47%). The sellers are explicitly not part of the promoter/promoter group, and the shares carry no encumbrance. The total equity capital of the company remains unchanged at 74,23,295 shares of Rs. 10 each.
Since the sellers are non-promoter entities exiting via off-market trade, there is no change in promoter holding or direct impact on share price. Retail investors may want to watch for any subsequent disclosure identifying the buyer, as off-market block deals of this size can signal a change in significant shareholder base.