
Accedere Ltd Promoter Mr. Ashwin Chaudhary Proposes to Divest 5% Shareholding to Comply with MPS Requirements
Accedere Ltd, in accordance with the SEBI Master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 1, 2024, and Circular SEBI/HO/CFD/PoD2/P/CIR/2023/18 dated February 03, 2023, announces that Mr. Ashwin Chaudhary, Promoter of the Company, plans to sell up to 5% of his shareholding in the Company, equivalent to approximately 2,27,312 (Two Lakh Twenty Seven Thousand Three Hundred Twelve) equity shares. The objective of this divestment is to meet the Minimum Public Shareholding (MPS) requirements as per the applicable regulatory framework. The sale will be executed through open market transactions, initially taking place from 16th March 2026 to 20th March 2026 (both days inclusive), subject to market conditions and regulatory compliance. If the complete sale of 5% is not achieved by 20th March 2026, an extension will be requested.
Key Highlights
- Accedere Ltd Promoter Mr. Ashwin Chaudhary to divest up to 5% shareholding
- Divestment aims to comply with Minimum Public Shareholding (MPS) requirements
- Approximately 2,27,312 equity shares to be sold through open market transactions
- Sale process to be carried out from 16th March 2026 to 20th March 2026 (both days inclusive)
- Company to request extension if complete sale of 5% not achieved by 20th March 2026
Price Impact
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