The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Meenakshi Pathak
RELIABLE · price
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Awaiting price reaction for this filing.
Meenakshi Pathak, a member of the promoter group of Reliable Data Services Limited, sold 19,000 equity shares (about 0.18% of the company's paid-up capital) through the open market on 20th November 2025. Before the sale she held 19,436 shares (0.18%); after the sale her holding has dropped to just 436 shares (0.004%), effectively a near-complete exit from her position. The sale was carried out in the open market and the disclosure has been filed with BSE and NSE under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company's total equity share capital remained unchanged at Rs. 10.32 crore (1,03,20,000 equity shares of Rs. 10 each).
While the size of the sale is small in absolute terms (0.18% of company capital), a near-complete exit by a promoter (retaining just 436 shares) may be read as a mildly negative insider signal and could weigh on short-term sentiment, though the impact on stock price is likely limited given the small quantum sold.