Promoter Tarun Sharma acquires 17,000 equity shares on-market; holding moves up to 24.48%

Skyways Air Services informed the exchanges of a disclosure received from promoter and Whole-Time Director Mr. Tarun Sharma under Regulation 7(2)(b) of the SEBI PIT Regulations.

Thu 1 Oct 2026

Shares Acquired

17,000 equity shares of face value INR 10 each

Mode and Date of Acquisition

on-market, on 30 September 2026

Share of Total Capital

0.011% of the total issued and paid-up equity share capital

Holding Before Acquisition

3,55,58,004 equity shares (24.47% of total)

Holding After Acquisition

3,55,75,004 equity shares (24.48% of total)

What the company told the exchanges

Skyways Air Services Ltd has passed on to the stock exchanges a disclosure it received from Mr. Tarun Sharma under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Mr. Sharma is described in the update as Promoter and Whole-Time Director of the company.

His own letter to the company states that he acquired equity shares of the company through the open market.

The transaction in numbers

• Shares acquired: 17,000 equity shares, face value INR 10 each
• Share of total capital: 0.011% of the total issued and paid-up equity share capital
• Date of acquisition: 30 September 2026
• Mode: on market, with the trade executed on the National Stock Exchange of India Limited
• Date of intimation to the company: 01-10-2026

Holding before and after

• Before the acquisition: 3,55,58,004 equity shares, which the update states represents 24.47% of the total
• After the acquisition: 3,55,75,004 equity shares, which the update states represents 24.48% of the total

The Form C table records the transaction type as purchase, and notes that the value of the transaction excludes taxes, brokerage and any other charges. The derivatives section of the same form is marked NA.

How a retail investor can read this

• This is a promoter and whole-time director increasing his holding, not reducing it. The direction of the change is upward.
• The size is small relative to the company's capital: 0.011% of the total issued and paid-up equity share capital.
• The change in the percentage of total holding is also small, from 24.47% to 24.48%.

What this kind of update is

Continual disclosures under the insider trading regulations are periodic, event-based reports that a listed company forwards to the exchanges whenever a promoter, promoter group member, designated person or director (or their immediate relatives) trades in the company's securities. The information is meant to keep the market aware of such transactions.

What the numbers allow you to judge

• The exact quantity bought: 17,000 equity shares.
• The exact stated share of capital: 0.011%.
• The exact holding figures before and after: 3,55,58,004 and 3,55,75,004 equity shares.
• The exact stated percentages before and after: 24.47% and 24.48%.

Whether such a purchase is meaningful has to be judged by each investor against the size of the company's capital, the percentage change stated and their own view of promoter activity. The update itself only records the transaction and the resulting holding.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.