The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Munak Engineers Pvt Ltd
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Awaiting price reaction for this filing.
Munak Engineers Pvt Ltd, part of the promoter group of Saptak Chem And Business Limited, has sold its entire holding of 40,000 equity shares (3.73% of total share capital) through an off-market transaction on September 18, 2025. Before the sale, the entity held 40,000 shares (3.73%); after the sale, its holding stands at NIL, representing a complete exit by this promoter-group entity. The company's total equity share capital is Rs. 1,07,32,270 (10,73,227 shares of Rs. 10 each), and this appears to be around the time the shares were recently listed on BSE (as per the BSE notice dated September 15, 2025 referenced in the filing). No encumbrance or pledge details are involved, and the transaction was carried out entirely off-market.
A complete exit by a promoter-group entity, even from a small 3.73% stake, can be viewed negatively by retail investors as it signals lack of promoter commitment in a newly listed stock. Since the sale was off-market with no price disclosed, shareholders should watch for follow-up disclosures or price action in the scrip to gauge sentiment.