Non-promoter Rajasthan Global Securities cuts 2.63 percent stake in Tipco Engineering
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 5.2 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Rajasthan Global Securities and its PACs, who are not promoters, sold 547,200 shares (2.63%) of Tipco Engineering India in the open market on 21 Aug 2026. Combined holding fell from 14.57 percent to 11.93 percent. Cumulative reduction of 675,200 shares since the last disclosure crossed the 2 percent SAST reporting threshold.
Non-promoter entity trimming stake can signal weak sentiment, though impact is limited given the BSE-SME listing and small float.