The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suman Mittal

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

Price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+9.1%Reaction day

₹0.22

prior close

₹0.24

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%+8.9% vs market

Computers - Software & Consulting peers, median of 64sector+0.5%+8.6% vs sector

On the reaction day the stock moved 8.9 pts more than Nifty Microcap 250 and 8.6 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+9.1+0.2+8.9+0.5+8.6

Next day

+13.6+0.6+13.0+2.4+11.2

+4.5+0.5+4.0+2.3+2.3

—+0.4—+2.0—

+0.0+1.2-1.2+2.2-2.2

—+1.7—+2.8—

—+2.1—+4.2—

15d

—-3.3—-3.5—

—-1.3—-1.4—

+22.7-0.9+23.6-1.8+24.6

+27.3-5.6+32.8-6.1+33.4

UpDownMarket · Nifty Microcap 250Sector · Computers - Software & Consulting peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mrs. Suman Mittal, part of the promoter group of Space Incubatrics Technologies Ltd, sold 37,61,924 equity shares (10.87% of paid-up capital) at Rs. 2.10 per share through the open market on September 5, 2025. After the sale, her individual holding in the company stands at NIL, while the combined promoter group holding dropped from 12.84% to just 1.96% (6,80,816 shares). The total equity share capital of the company remains unchanged at Rs. 34.6 crore divided into 3.46 crore shares of Rs. 10 each. The transaction was disclosed to BSE under SEBI's takeover regulations on September 6, 2025.

Likely market impact

This is a significant promoter exit — the promoter group has shed the vast majority of its stake, leaving very thin promoter skin in the game. Retail investors may view this as a negative signal on confidence, especially given the low sale price of Rs. 2.10 per share.