Minimum Public Shareholding of 25% Achieved After Promoter Share Sales

The company has informed BSE that it now meets the Minimum Public Shareholding (MPS) requirement of 25%.

Wed 30 Sep 2026

Minimum Public Shareholding Achieved

25%

Equity Shares Sold on 18th September 2026

1,03,56,983 equity shares

Equity Shares Sold on 29th September 2026

89,98,598 equity shares

What was shared

The company has told BSE that it has achieved the Minimum Public Shareholding (MPS) requirement of 25%.

How it got there

• Sale of 1,03,56,983 equity shares on 18th September, 2026
• Sale of 89,98,598 equity shares on 29th September, 2026
• Both sales were the subject of earlier intimations dated September 21, 2026 and September 30, 2026

What MPS means

Listed companies must keep at least 25% of their shares with public (non-promoter) shareholders. This is required under the Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of the SEBI Listing Regulations. Falling short can attract restrictions from the exchange and regulator.

How investors may read it

The company moving into compliance removes an outstanding regulatory gap. At the same time, the route taken was a sale of a large block of shares, which increases the quantity of shares in public hands.

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