BSEHarmony Capital Service LtdMediumNeutral
Announced Tue, 11 Nov · 19:52 IST

With reference to the above-mentioned subject, please find enclosed disclosures under Regulation 7(2) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Promoter Stake Sell 1pctOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Anish Sharma, classified as a Promoter of Harmony Capital Services Ltd, sold 1,50,000 equity shares (representing 4.99% of the company's total paid-up capital) through an off-market transaction on 10 November 2025. The disclosure was filed under SEBI's Prohibition of Insider Trading Regulations in Form C by the promoter. This is a continual disclosure meant to keep the stock exchange informed of changes in promoter shareholding. Post this sale, the promoter's holdings would have reduced from approximately 7,50,000 shares to around 6,00,000 shares in the company.

Likely market impact

A 4.99% off-market sale by a promoter is a sizeable reduction in promoter stake, which may raise concerns among retail investors about the promoter's confidence in the stock. Since it is an off-market deal (not on the open market), it does not directly impact the listed share price, but signals overall negative sentiment from the promoter.