Announced Wed, 1 Apr · 09:39 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for MP Entertainment & Developers Pvt Ltd

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
+7.8%1-day move
₹834.75
prior close
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+7.8+13.2+13.1+13.1+63.8
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AI summary

MP Entertainment and Developers Pvt Ltd, a promoter group entity of Sayaji Hotels (Indore) Ltd, sold 11,850 equity shares (0.389%) in an open market transaction on 30 March 2026. Prior to the sale, the entity held 1,89,360 shares (6.22%). After the transaction, its holding reduced to 1,77,510 shares (5.826%). There were no pledges, encumbrances, warrants, or convertible securities involved in this transaction. The total equity share capital of the company remained at Rs. 3,04,66,050 divided into 30,46,605 shares of Rs. 10 each.

Likely market impact

This is a minor reduction in promoter group holding with no immediate impact on the company's control structure, as the combined promoter holding after sale still represents a small fraction of total shares. The open market sale may have a mild bearish signal for retail investors tracking promoter sentiment.