Intimation under Regulation 29 of SEBI SAST 2015 received from 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 9,867 equity shares in the open market between August 13 and August 14, 2025. This reduced her individual holding from 8.35% (239,831 shares) to 8.00% (229,964 shares) of the company's equity share capital. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's total equity share capital remains unchanged at Rs 2,87,33,000 (28,73,300 shares of Rs 10 each).
This is a small sale of just 0.35% of equity by a promoter group member, so the impact on shareholders and the stock price is likely minimal. Investors should monitor for any larger or more frequent sales by other promoter group members.