Mercury EV-Tech: promoter group Shree Saibaba Exim sold 52,45,000 shares
Mercury EV-Tech · Automobiles
What the filing says
- Shree Saibaba Exim Private Limited (Promoter Group) sold 52,45,000 equity shares (2.760%) in the open market; dates given are September 07, 2026 and September 08, 2026.
- Holding fell from 4,29,92,485 shares (22.630%) to 3,77,47,485 shares (19.869%) of total share/voting capital.
- Total equity and voting capital stayed at 18,99,73,058 shares of face value Re. 1/- each before and after the sale.
Why it's rated notable: A promoter group entity disposed 52,45,000 shares (2.760%) in the open market, reducing its holding from 22.630% to 19.869%, and the filing reports no effect on business operations.
Figures checked against the filing by a second AI read, which corrected the first summary. About the business, not the share price.
Original filing
Disclosure Under Regulation 7(2)(A) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015 And Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.