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 Pvt Ltd, part of the promoter group of Sarthak Industries Ltd, has disclosed a complete exit from the company through open market sale. The entity sold its entire holding of 4,26,100 shares (4.59% of paid-up capital) across three transactions on March 25 and March 27, 2026, totaling 5,00,000 shares. The seller's holding after the sale is reduced to nil. The trades were executed in the open market, and the total equity capital of Sarthak Industries remains 92,91,800 shares of Rs. 10 each.
A complete promoter group entity exit of nearly 5% stake via open market could create temporary supply pressure on the stock and may weigh on sentiment, as it signals a promoter group member fully divesting its position in the company.