BSENutricircle LtdHighNegative
Announced Sat, 14 Feb · 11:43 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramesh Chandra Mishra & PAC

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ramesh Chandra Mishra and Sumita Mishra (Persons Acting in Concert) have together sold 1,70,000 equity shares (1.70% of paid-up capital) of Nutricircle Ltd through an off-market transaction. The shares were sold on 11 February 2026 (Ramesh Chandra Mishra) and 13 February 2026 (Sumita Mishra). Their combined holding in the company has reduced from 16,25,369 shares (16.25%) to 14,55,369 shares (14.55%). The acquirers are explicitly classified as non-promoters/non-promoter group. Total equity share capital of the company remains unchanged at 1,00,00,000 shares of Rs. 10 each (Rs. 10 crore).

Likely market impact

Despite a meaningful 1.7% reduction in stake, since the seller is not a promoter, this is unlikely to materially affect stock price sentiment. However, the off-market nature of the transaction and the fact that holdings still remain above 14% may attract attention from investors tracking substantial shareholder activity.