The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mukul Agrawal
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On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.1 pts less than its Other Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mukul Agrawal (Partner of Param Value Investments), a non-promoter investor, has disclosed a disposal of 8,62,500 shares (3.958%) of Siyaram Recycling Industries Ltd through open market sales between February 25, 2026 and April 22, 2026. His holding reduced from 22,00,000 shares (10.097%) to 13,37,500 shares (6.138%). The total share capital of the company is 2,17,89,212 equity shares of Rs.10 each. Despite the regulatory heading referring to 'acquisition', the actual transaction represents a stake sale by the investor.
A non-promoter investor reducing their stake by nearly 4% through open market sales may indicate profit-taking or reduced confidence in the company. The substantial reduction from above 10% to 6.138% could signal caution among institutional or significant investors.