StockWatch
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Computers - Software & Consulting
Sale29 Sept 2026, 11:27 am

ECS Biztech Promoters Sell 59.50% Stake

AI Summary

ECS Biztech Ltd promoters, Vijay Mandora and Seema Vijay Mandora, have sold a total of 1,22,30,916 equity shares, representing 59.50% of the total capital, through an off-market sale via Share Purchase Agreement. The transaction occurred between September 24-25, 2026. Following the sale, their combined holding has reduced from 65.42% to 5.92%. The shares were sold to Mr. Rakesh Ramanlal Shah and Komal Infotech Private Limited.

Key Highlights

  • Promoters Vijay Mandora & Seema Mandora sold 1,22,30,916 shares.
  • Sale represents 59.50% of total equity capital.
  • Post-sale, promoter holding reduced from 65.42% to 5.92%.
  • Transaction was an off-market sale via Share Purchase Agreement.
  • Sale occurred on September 24-25, 2026.