The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Janakba Vaghela
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Janakba Pravinsinh Vaghela, a member of the promoter group of Umiya Tubes Ltd, has sold his entire holding of 1,33,333 equity shares (1.33% of the company's share capital) through the open market on 26 September 2025. Before the sale, he held 1,33,333 shares (1.33%), and after the sale, his holding stands at zero shares. The company's total equity share capital remains 1,00,06,667 shares of Re. 10 each. This effectively represents a complete exit by this promoter from the company.
A promoter completely selling off their entire stake — even though small at 1.33% — may be viewed negatively by retail investors as a potential signal of reduced promoter confidence in the company. However, given the tiny size of the holding, the broader stock price impact is likely to be limited.