The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sujathaa Mehta & PACs
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sujathaa Mehta (non-promoter) sold a total of 4,33,600 equity shares (2.23% of total capital) across five open market transactions between 4th and 25th May 2026. The sales were conducted in batches: 96,000 on 4 May, 48,000 on 8 May, 96,000 on 15 May, 51,200 on 18 May, and 1,42,400 on 25 May 2026. Post-sale, Sujathaa Mehta's holding dropped from 3.13% (6,10,032 shares) to just 0.91% (1,76,432 shares). The PAC group (Shrreyans Mehta, Arihanth Mehta, and Simran Sureshchand) did not transact in this period, retaining their combined 8.40% stake. Total holding of the acquirer + PACs fell from 11.54% to 9.31%. The total equity capital of the company is 1,94,67,995 shares of Rs.10 face value.
A non-promoter selling over 2% of the company in a short span could signal reduced confidence or portfolio rebalancing. The drop in her stake from 3.13% to under 1% is significant and may draw attention, especially since she is a substantial shareholder with PAC holdings.