Disclosure received from shareholder under Regulation 29 (2) of SEBI (SAST) Regulations, 2011
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Awaiting price reaction for this filing.
SK Minerals & Additives Ltd informed the stock exchange about a disclosure received from Rajasthan Global Securities Pvt. Ltd. (along with PAC LRSD Securities Pvt. Ltd.), a shareholder who is not part of the promoter/promoter group. The shareholder sold 1,89,000 equity shares (about 1.54% of paid-up capital) on 17 November 2025 through the open market. Following this sale, their holding reduced from 5,68,000 shares (4.64%) to 3,79,000 shares (3.10%) of the company's paid-up equity capital. The disclosure is being made because the holding changed by more than 2% from the last disclosure, as required under SEBI takeover regulations. The company is listed on the BSE SME platform.
Since the seller is a non-promoter entity trimming its stake by a relatively small amount, the impact on shareholders is likely neutral with mild short-term supply pressure on the stock price, but no significant governance or control implications.