The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anish Sharma
Awaiting price reaction for this filing.
Mr. Anish Sharma, a promoter of Harmony Capital Services Limited, has sold his entire holding of 1,50,000 equity shares (4.99% of total share capital) at Rs. 5.00 per share through an off-market transaction on November 10, 2025. The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations on November 11, 2025. After the sale, the promoter's holding stands at 0%, down from 4.99% earlier. The company's total share capital remains at Rs. 3,00,09,000 divided into 30,00,900 equity shares of Rs. 10 each.
A promoter completely exiting his entire stake is generally a negative signal for retail investors, as it may suggest the promoter is losing confidence in the company's prospects. Since the deal was struck off-market at Rs. 5 per share, the price reflects a private negotiation rather than market price discovery, and shareholders should monitor whether this is an isolated event or part of a broader trend.