BSEPasupati Fincap LtdHighNegative
Announced Mon, 9 Jun · 12:34 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vidit Jain

Promoter Stake Sell 1pctOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vidit Jain, classified as a Promoter of Pasupati Fincap Ltd, has sold 27,200 equity shares through an off-market sale during 04–05 June 2025. This represents 0.58% of the company's total issued and paid-up share capital (which stands at 47,00,000 equity shares of Rs. 10 each). Before the sale, he held exactly 27,200 shares (0.58%); after the sale, his holding stands at NIL. The sale was conducted off-market (not via open market), and no encumbrance or pledge activity is involved.

Likely market impact

The promoter has completely exited his stake in the company via an off-market transaction. While the absolute size is small (under 1%), a full promoter exit — especially through off-market route — may raise questions about promoter confidence and could weigh negatively on stock sentiment, though liquidity impact is limited given the small volume.