The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Kumar Sethia
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Awaiting price reaction for this filing.
Promoter Raj Kumar Sethia has filed a disclosure under SEBI Takeover Regulations regarding an off-market sale of 5 equity shares of High Street Filatex Limited (Scrip Code: 531301). The sale was executed through a Share Purchase Agreement dated January 24, 2025, with the actual transaction date being June 9, 2025. Before the disposal, the promoter held 5 shares (0.00%), and after the sale, his holding stands at zero shares. The total equity share capital of the company remains unchanged at 23,43,430 shares of Rs. 10 face value each. This is a procedural filing relating to a negligible off-market transfer.
The transaction is immaterial in size (just 5 shares, representing 0.00% of share capital) and is unlikely to have any meaningful impact on the stock price or shareholder value. This appears to be a routine regulatory disclosure with no significant change in promoter shareholding.