Disclosure u/r 29(2) of SEBI (SAST) Reg 2011, received from MCM Huf.
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Awaiting price reaction for this filing.
Mahesh Chand Mittal HUF, a promoter of Space Incubatrics Technologies Ltd, sold 70,000 equity shares on August 12, 2025 at Rs. 2 per share through the open market. The sale represents 0.20% of the company's paid-up equity share capital. Post-sale, the seller's individual holding fell from 7,50,724 shares (2.17%) to 6,80,724 shares (1.97%). Combined with persons acting in concert, the promoter group's holding decreased from 13.04% to 12.84% of the company's share capital.
This is a small promoter offload (just 0.20% of equity) at a very low price of Rs. 2 per share, so it is unlikely to materially affect the stock or signal a major change in promoter confidence. Retail investors should note the modest reduction in promoter group stake, but the overall promoter holding remains comfortable at nearly 13%.