The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for East India Udyog Ltd & Others

Promoter Stake Sell 1pctOwnership Changes View source PDF

SOFTTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.7%1-day move

₹411.50

prior close

₹420.00

base price

In-mkt

timing

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AI summary

East India Udyog Ltd, along with PACs Helix Probuild LLP and Udyat Indian Ventures LLP (all part of the promoter group), have reported significant share sales in SoftTech Engineers Ltd. Between July 2024 and May 2026, the combined entity sold 3,61,419 shares (2.611% stake). East India Udyog Ltd sold 3,27,285 shares (2.364%) and Helix Probuild LLP sold 34,134 shares (0.247%). The total promoter holding has declined from 13.961% to 11.350% as a result of these open market sales. Prior to this, Udyat Indian Ventures LLP had also reduced its holding by 7.80% on June 14, 2024.

Likely market impact

The promoter group has been steadily reducing its stake in SoftTech Engineers over an extended period, bringing combined holdings below 12%. This ongoing selling by insiders typically signals reduced promoter confidence or portfolio rebalancing, which may create bearish sentiment for the stock.