The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jyotsna Patel
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On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 1.1 pts less than its Other Utilities peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Jyotsna Ramesh Patel, a member of the Promoter Group of Rajesh Power Services Ltd, sold 1,50,000 equity shares (face value Rs. 10 each) in the open market on 24/03/2026. Her shareholding in the company reduced from 6,08,000 shares (3.38%) to 4,58,000 shares (2.55%), a decrease of 0.83% of total share capital. The total equity share capital of the company remains 1,80,07,392 shares. The disclosure has been made to BSE under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
This is a modest promoter group divestment of less than 1% of the company's capital, so limited direct impact on the stock price is expected. However, retail investors may note some promoter selling activity, even though the seller continues to hold a meaningful stake of 2.55%.