Intimation under Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended as submitted by Maha Kosh Papers Private Limited.
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Maha Kosh Papers Private Limited, a member of the Promoter Group of Sarthak Industries Limited, sold 73,900 equity shares on March 17, 2026, through an on-market transaction on BSE. The sale reduced its shareholding from 5.38% (500,000 shares) to 4.59% (426,100 shares), a decline of 0.79 percentage points. The disclosure was filed under SEBI (Prohibition of Insider Trading) Regulations via Form C. The company's total promoter group holding post-sale stands at around 31.10% based on the Form C details.
A minor stake sale by a promoter group entity — less than 1% reduction — is unlikely to materially affect the stock price. However, retail investors should monitor whether further sales by the promoter group follow, as it could signal a gradual exit.