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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Awaiting price reaction for this filing.
Four members of the promoter group of Vineet Laboratories sold a combined 2,43,228 shares (2.63% of total equity) through open market sales on NSE on 5 August and 11 August 2025. The biggest seller was Venkata Rama Gaddam, who offloaded 1,59,725 shares (1.73%), followed by Satyanarayana Raju Bhupathiraju (74,888 shares, 0.81%), V Varaprasada Rao (8,614 shares, 0.09%), and a token sale by Gaddam Srinivasa Rao (1 share). As a result, the combined promoter group holding dropped from 8.05% (7,42,045 shares) to 5.41% (4,98,817 shares) of the company, falling below the 5% reporting threshold for the group.
This is a notable promoter exit of over a third of the group's prior stake in a single filing, which may weigh negatively on investor sentiment and create short-term supply pressure on the stock. Retail investors should watch for further promoter sales, as the group now holds only 5.41% and any additional disposal would take them below 5%.