The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for A Srinivasa Raju
VINEETLAB · price
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On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nine members of the promoter and promoter group of Vineet Laboratories Ltd collectively sold 2,92,160 equity shares (3.17% of total share capital) through open market sale on NSE on September 23 and 24, 2025. The largest seller was Venkata Ramana Gaddam, who offloaded 1,00,000 shares (1.08%). As a result, the combined promoter group holding has reduced from 19.66% (18,12,008 shares) to 16.49% (15,19,848 shares) of the company's equity capital. The total equity share capital of the company stands at 92,19,008 shares. No shares were encumbered, pledged, or invoked as part of this transaction.
This is a notable promoter-group selloff that reduces their collective stake by over 3 percentage points, which could weigh on short-term investor sentiment and signal mild insider confidence concerns. Retail shareholders should note that the promoter group continues to remain the largest shareholder bloc at 16.49%, retaining significant influence over the company.