The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satyanarayana Raju Bhupathiraju
VINEETLAB · price
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Seven members of the promoter group of Vineet Laboratories collectively sold 3,37,268 equity shares (3.66% of total share capital) through open market sales on NSE across four dates between June 25 and July 31, 2025. The largest seller was Venkata Rama Gaddam (1,10,000 shares), followed by Alluri Prabhakar Raju (83,796) and Satyanarayana Raju Bhupathiraju (50,000). As a result, the aggregate promoter group holding fell from 16.08% (14,82,894 shares) to 12.43% (11,45,626 shares). All sales were open market transactions, and no encumbrance or pledge activity was reported.
This is a notable promoter stake cut, reducing promoter ownership by nearly a quarter (from 16.08% to 12.43%), which may signal weaker insider confidence or portfolio rebalancing, and could weigh negatively on retail sentiment in the near term. With promoter holding now only 12.43%, the stock has a thinner insider anchor against any future volatility.