The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bharat C Parekh
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Awaiting price reaction for this filing.
Promoter Bharat C Parekh has sold 5,00,000 shares (1.16%) of TPI India Ltd in the open market on July 28, 2025 under SEBI Takeover Regulations. His holding came down from 2,67,53,827 shares (62.27%) to 2,62,53,827 shares (61.11%) of the company. The disclosure was filed in his capacity as a promoter. No pledges or encumbrances were involved in this transaction, and the equity share capital of the company remained unchanged at 4,29,63,470 shares.
This is a small promoter sell-off that marginally reduces promoter holding but he remains firmly in control above 61%, so it is unlikely to materially impact the stock price or control of the company.