The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Maha Kosh Papers Pvt Ltd
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Maha Kosh Papers Private Limited, part of the promoter group of Sarthak Industries Ltd, sold 73,900 equity shares (0.79% of paid-up capital) through open market transactions on 17 March 2026. This reduced the entity's holding from 5,00,000 shares (5.38%) to 4,26,100 shares (4.59%) of Sarthak Industries. The total equity share capital of the company remains unchanged at Rs. 9,29,18,000 (92,91,800 shares of Rs. 10 each). The disclosure was filed in the prescribed format under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
This is a small stake reduction (under 1% of equity) by a single promoter group entity, suggesting minor portfolio rebalancing rather than a significant change in promoter commitment. The overall impact on the stock is expected to be limited, though promoter group sales are generally viewed cautiously by retail investors.