The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nyra Business Development LLP
Awaiting price reaction for this filing.
Nyra Business Development LLP, a non-promoter shareholder, is selling its entire stake of 3,50,000 shares (11.66%) in Harmony Capital Service Ltd through an Open Offer mechanism on 25 February 2026. After the transaction, Nyra's holding will drop from 11.66% to nil, meaning a complete exit from the company. The total share capital of Harmony Capital stands at 30,00,900 equity shares, which remains unchanged before and after the sale. Since the seller is not part of the promoter group, this is a non-promoter stake disposal.
A non-promoter entity is fully exiting the company, which could put short-term selling pressure on the stock depending on how the Open Offer is priced and subscribed. Retail investors should watch for the open offer price and timeline details to assess whether it represents a fair exit valuation.