Announced Fri, 14 Aug, 2026 · 10:36 IST
Promoter Puja Mittal fully exits Sidh Automobiles via off-market sale
Price
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Price reaction
Awaiting price reaction for this filing.
AI summary
Promoter Puja Mittal has sold her entire stake of 3,69,100 shares, representing 12.46% of voting rights, in Sidh Automobiles Limited through an off-market transaction. After the sale, her holding has dropped to 0%. The company total equity capital stands at Rs. 2.96 crore (29,62,300 shares of Rs. 10 each). This marks a complete exit by a member of the promoter group from the company.
Likely market impact
Full promoter exit may signal loss of confidence or strategic withdrawal, which retail investors should view as a potentially negative development.