Shareholding23 Jun 2026, 11:42 am
Monoform Management Support Disposes 3.59% Stake in Standard Engineering
AI Summary
Monoform Management Support Co. Ltd. and its Persons Acting in Concert (PACs) have disclosed the disposal of 71,70,000 equity shares, representing 3.59% of the total paid-up equity share capital, in Standard Engineering Technology Limited. The transaction, conducted via an off-market transfer on June 22, 2026, is an inter-se transfer and does not result in any change in control or management of the Target Company. Monoform Management Support Co., Ltd. and its PACs were previously classified as Public Shareholders. The company confirmed compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and obtained prior approval from the Compliance Officer.
Key Highlights
- Monoform Management Support & PACs sold 3.59% stake in Standard Engineering.
- Transaction was an off-market, inter-se transfer of shares.
- No change in control or management of the Target Company.
- Disposal complies with SEBI (Insider Trading) Regulations.
- Prior approval obtained from the Target Company's Compliance Officer.
Price Impact
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