The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Jalan
Awaiting price reaction for this filing.
Sachin Jayprakash Jalan, a non-promoter shareholder of Pradhin Limited, sold 30,44,200 equity shares (0.29% of the company's capital) in the open market on 2 September 2025. Prior to this sale, he held 32,44,200 shares (0.31%); after the sale, his holding reduced to just 2,00,000 shares (0.02%), meaning he divested roughly 94% of his position. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. The total share capital of Pradhin stands at about 10.15 crore shares.
This is a non-promoter, open-market exit that brings the seller's stake to a negligible 0.02%, with no impact on promoter holding or takeover threshold limits. For retail shareholders, this is unlikely to materially affect share price or control of the company, though it indicates a lack of conviction from one minority holder.