The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yatin Sanjay Gupte
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Promoter Yatin Sanjay Gupte sold a total of 24,00,000 equity shares (about 0.92% of share capital) through on-market transactions on 28th May (14 lakh shares) and 29th May (10 lakh shares) 2025. His individual holding declined from 25.83% (6.73 crore shares) to 24.91% (6.49 crore shares), and the promoter group's combined holding fell from 27.08% to 26.16%. Separately, on 31st May 2025, the promoter created a pledge over 12,00,000 shares in favour of Radhamani India Limited, explicitly disclosed as being done to address a shortfall in a margin call. Total encumbrance through this pledge represents roughly 1.85% of his remaining shareholding.
This is a negative signal for shareholders — the promoter is both reducing his stake and pledging additional shares specifically to meet a margin call shortfall, which suggests financial stress at the promoter level. Retail investors should monitor for further encumbrance or distress sales, as both events typically pressure the stock and raise governance concerns.