The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mukul Agrawal & Others
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Param Value Investments, through its partner Mukul Agrawal, sold 10,12,500 equity shares (4.647%) of Siyaram Recycling Industries Ltd via open market transactions between April 23 and May 25, 2026. Prior to the sale, the acquirer held 13,37,500 shares (6.138%). After the disposal, their holding reduced to 3,25,000 shares (1.492%). The transaction was an open market sale, and the acquirer is not part of the promoter or promoter group of the target company. The company's total share capital is 2,17,89,212 equity shares of Rs.10 each.
A non-promoter investor reduced their stake by nearly 4.7 percentage points over roughly a month, cutting their holding from above 6% to under 1.5%. This is a significant exit by a known investor, which could signal lack of confidence to other market participants.