The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kanakavally Prathapan
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kanakavally Prathapan, a member of the promoter/promoter group of TTI Enterprise Ltd, has sold her entire shareholding of 25,04,101 equity shares (9.86% of the company) on 4 February 2026 through an open market/off-market transaction. Prior to the sale, she held 9.86% of the company's equity, and after the sale, her holding stands at 0.00%. The company's total share capital remains unchanged at 2,54,04,422 equity shares of Rs. 10 each. This is a complete promoter exit from the company.
The promoter has fully exited the company, reducing promoter group holding by 9.86%. This is a significant negative signal for retail investors as it indicates the promoter sees no future value in holding the stock, and the absence of any promoter holding may weigh on the stock price and investor confidence.