Disclosure received From Mrs. Sumam MIttal u/r 7(2) of PIT Reg, 2015.
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Mrs. Suman Mittal, a Promoter of Space Incubatrics Technologies Ltd, has sold her entire holding of 37,61,924 equity shares (10.87% of paid-up share capital) on September 5, 2025, at Rs. 2.10 per share on the BSE, for a total value of about Rs. 79 lakhs. Post-sale, her shareholding in the company is reduced to NIL (0%). The disclosure was filed under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. This represents a complete exit by one of the company's promoters.
A full exit by a promoter selling 10.87% of the company at a low price of Rs. 2.10 per share may be viewed negatively by the market, as it signals a loss of confidence by an insider and increases the floating supply. Retail investors should monitor for any further promoter selling or changes in the promoter group structure.