Announced Sat, 6 Sept · 18:37 IST

Disclosure received from M/s. Mahesh Chand Mittal HUF u/r 29(2) of SAST Reg, 2011.

Promoter Stake Sell 1pctOwnership Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mahesh Chand Mittal HUF, a promoter of Space Incubatrics Technologies Ltd, sold 6,80,724 equity shares (1.96% of paid-up capital) in the open market on September 5, 2025, at Rs. 2.10 per share. The total value of the transaction is approximately Rs. 14.29 lakh. After this sale, the HUF's individual holding in the company stands reduced to NIL (from 1.96%), while remaining holding together with persons acting in concert is just 92 shares (0.00%). The sale was carried out on the BSE, and the disclosure has been filed under Regulation 29(2) of SEBI SAST Regulations, 2011.

Likely market impact

This is a notable promoter exit, with the selling HUF fully liquidating its individual stake in the company. While the quantum is small, continued promoter selling at low prices (Rs. 2.10/share) could be viewed negatively by retail investors and may weigh on short-term sentiment.