The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mukesh Ramniranjan Ruia HUF
SHEKHAWATI · price
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Awaiting price reaction for this filing.
Mukesh Ramniranjan Ruia HUF, part of the promoter group of Shekhawati Industries Ltd, sold 2,40,000 equity shares of the company, representing about 0.70% of the total equity share capital. The sale was carried out through an inter-se transfer (within the promoter family), and not in the open market. Following this sale, the HUF's holding in the company stands reduced from 6,75,000 shares (1.96%) to 4,35,000 shares (1.26%). The disclosure was filed with BSE and NSE on 29th July 2025 and is also being reported under SEBI (Prohibition of Insider Trading) Regulations via Form C.
This is a relatively small (~0.7%) stake reduction by a promoter-group entity, and because it is an inter-se transfer (within the promoter family/HUF), the total promoter group shareholding of the company remains unchanged. It is largely a neutral event for outside shareholders and is unlikely to cause any meaningful stock price movement.