Disclosure under Regulation 29(1) (2) of SAST 2015 by Ms Nirmal Gupta a member of Promotor Group.
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Mrs. Nirmal Gupta, a member of the promoter group of Scan Projects Ltd, sold 56,211 equity shares in the open market between 04.08.2025 and 07.08.2025. Before the sale, she held 326,042 shares (11.35% of paid-up capital); after the sale, her holding stands at 269,831 shares (9.39%). The company's total equity share capital remains unchanged at 28,73,300 shares of Rs 10 each (Rs 2.87 crore). The transaction was disclosed to BSE under Regulation 29(1) of SEBI (SAST) Regulations, 2011.
This is a modest stake sale by a promoter group member — not the main promoter — and represents routine open-market divestment. With promoter group holdings still substantial, there is no immediate governance concern, but retail investors should track further promoter-group selling as a sentiment signal.