The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mahesh Chand Mittal HUF
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Awaiting price reaction for this filing.
Mahesh Chand Mittal HUF, part of the promoter group of Space Incubatrics Technologies Ltd, sold 70,000 equity shares at Rs. 2 per share on August 12, 2025 through the open market on BSE. This sale represents 0.20% of the company's paid-up equity share capital. The seller's individual holding fell from 7,50,724 shares (2.17%) to 6,80,724 shares (1.97%), while promoter group (PAC) holding decreased from 45,12,740 shares (13.04%) to 44,42,740 shares (12.84%). The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations. Total equity capital remains unchanged at 3,46,09,176 shares.
A small open-market sale by a promoter group entity; the promoter group's combined stake stays comfortably above 10%, and the 0.20% reduction is unlikely to materially affect share price or promoter control.