The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Parthrajsinh Harshadsinh Rana
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Parthrajsinh Harshadsinh Rana, a member of the promoter group of Swojas Foods Ltd, sold 6,75,000 equity shares (2.18% of total share capital) through the open market on May 8, 2025. Before the sale, his holding stood at 60,94,743 shares (19.69%), which has now reduced to 54,19,743 shares (17.51%) post-sale. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, with the total share capital of the company remaining unchanged at 3,09,62,650 equity shares of Rs. 10 each. The promoter remains well within the non-promoter threshold of 25% and does not trigger any mandatory open offer.
Continued promoter selling may weigh on stock sentiment in the short term as it signals reduced confidence from an insider. However, since post-sale holding remains at 17.51% and is well below takeover thresholds, the broader promoter group commitment to the company is not materially altered.