The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhikhaji Chavda
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Umiya Tubes Ltd disclosed a change in shareholding under SEBI SAST Regulations by promoter Bhikhaji Kacharaji Chavda. He sold 1,13,499 equity shares (1.13% of the company) through the open market on 30 September 2025. His stake dropped from 6,20,867 shares (6.20%) to 5,07,368 shares (5.07%) of the company. The company has a total equity share capital of 1,00,06,667 shares of Re. 10 each. The disclosure was filed with BSE.
A promoter trimming his stake by roughly 1% through open market sale can be seen as a mild negative signal by retail investors, as it may suggest the promoter is booking partial profit. However, post-sale holding remains meaningful at ~5.07%, so the overall promoter commitment is not materially altered.