Insider Trading5 Aug 2026, 07:02 pm
Mahip Industries Promoter Sells 1.2 Lakh Shares for ₹20.9 Lakh
AI Summary
Mahip Industries Ltd announced that RAJEEV GOVINDRAM AGRAWAL (KARTA ON BEHALF OF RAJEEV GOVINDRAM AGRAWAL HUF), a promoter/promoter group member, has sold 1,20,000 equity shares of the company. The transaction, classified as a disposal via on-market trade, yielded a consideration of INR 20,91,312/-. This disclosure adheres to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, and was made within the stipulated timelines. The sale reduces the promoter's holding to 16,75,960 equity shares, representing 8.71% of the total equity.
Key Highlights
- Promoter RAJEEV GOVINDRAM AGRAWAL HUF sold 1.2 lakh shares.
- Total sale consideration amounted to ₹20,91,312.
- Transaction was an on-market disposal.
- Disclosure complies with SEBI (PIT) Regulations, 2015.
- Post-sale promoter holding is 8.71%.
Price Impact
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