Announced Tue, 25 Nov · 17:13 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hridai Somani & Others

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hridai Somani, part of the promoter group of Sarvamangal Mercantile Company Ltd, sold 500 equity shares (0.20% of total share capital) via off-market route on November 25, 2025. Before the sale, Hridai held 500 shares (0.20%); after the sale, his holding is nil. The total promoter group holding came down from 1,500 shares (0.60%) to 1,000 shares (0.40%). Other promoter group members, including Jaya Somani (1,000 shares, 0.40%), remained unchanged. The company's total equity share capital is Rs. 24.90 lakh, making it a very small-cap entity.

Likely market impact

This is a minor off-market sale representing only 0.20% of the company, well below any takeover regulation threshold. Retail investors should note that overall promoter group holding is extremely low at just 0.40%, indicating limited promoter skin-in-the-game and minimal signalling value for the stock price.