Intimation as per Reg 7(2) by Ms Nirmal Gupta a member of Promotor Group.
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Ms. Nirmal Gupta, part of the promoter group of Scan Projects Ltd, sold 135,502 equity shares through on-market transactions between 28 July 2025 and 1 August 2025 for a total value of approximately Rs 96.38 lakh. Her holding in the company reduced from 461,544 shares (16.06%) to 326,042 shares (11.35%), a reduction of about 4.71 percentage points. The disclosure was made under SEBI's Prohibition of Insider Trading Regulations. This is a continued disclosure (Form C) by an insider belonging to the promoter category.
A significant insider sale reducing a single promoter group member's stake by roughly 4.7 percentage points could be viewed negatively by retail investors as it signals the insider is reducing exposure. Shareholders should monitor whether other promoter group members follow suit, which would further dilute promoter holding.