Mahip Industries disclosed that promoter Mamta Rajeevkumar Agarwal sold 56,000 equity shares on July 27, 2026, reducing her total holding from 21.89% to 21.60%. The on-market transaction was executed for a consideration of ₹10,02,402.80. This sale represents a routine adjustment in promoter holdings and does not alter the controlling interest structure, as the promoter group retains a significant majority stake in the company.

The disclosure was filed with BSE Limited on July 29, 2026, pursuant to Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Rajiv Govindram Agrawal, Whole-Time Director of Mahip Industries Limited, signed the submission on behalf of the company. The filing confirms that the transaction details were intimated to the company within the prescribed timelines following the trade execution.

Transaction Details

The sale was conducted through an on-market mechanism, ensuring transparency and compliance with regulatory trading windows. No derivatives trading was reported in conjunction with this equity disposal.

Regulatory Compliance

Mamta Rajeevkumar Agarwal submitted Form C under Regulation 7(2) read with Regulation 6(2) of the SEBI (PIT) Regulations, 2015, detailing the change in shareholding. The form specifies the nature of the transaction as "Disposed/Sold" and confirms the mode of disposal as "On-Market." The company’s corporate office is located in Ahmedabad, Gujarat, and the registered office is situated in Dholka.

What the Numbers Show

The reduction in shareholding is marginal, amounting to a 0.29 percentage point decrease in total equity ownership. With a post-transaction holding of 41,56,528 shares, Mamta Rajeevkumar Agarwal remains a key promoter entity. The transaction value of approximately ₹10 lakh indicates a small-scale liquidity event rather than a strategic divestment. The retention of over 21% stake underscores continued promoter confidence in the long-term prospects of Mahip Industries Limited.

Mahip Industries Limited disclosed that promoter Mamta Rajeevkumar Agarwal disposed of 1,16,000 equity shares through the open market on July 22, 2026. The sale reduced her shareholding in the company from 22.50% to 21.89% of the total voting capital. This transaction represents a 0.60% decrease in her stake and was reported to the Bombay Stock Exchange (BSE) pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure was signed by Rajiv Govindram Agrawal, Whole-Time Director of Mahip Industries Limited, and submitted to the Listing Department of the BSE on July 24, 2026. The filing confirms that the shares were sold in the open market rather than through off-market transfers or block deals. No encumbrances, pledges, or liens were associated with the shares prior to or following the disposal.

Shareholding Changes

The table below details the change in Mamta Rajeevkumar Agarwal’s holding before and after the transaction:

Agarwal remains a part of the promoter group of Mahip Industries Limited. The company’s total equity share capital stands at ₹19,23,99,840, divided into 1,92,39,984 equity shares of ₹10 each. This capital structure remained unchanged by the transaction.

Regulatory Context

Under Regulation 29(2) of the SEBI Takeover Regulations, substantial shareholders are required to disclose any acquisition or disposal of shares exceeding specified thresholds. The filing indicates that no warrants, convertible securities, or other instruments entitling the seller to receive shares were involved in the transaction. Additionally, there were no changes in voting rights otherwise than by shares.

Mahip Industries Limited, formerly known as Care Corupack Ltd, is listed on the BSE under the scrip code 542503. The company’s registered office is located in Dholka, Gujarat, while its corporate office is situated in Ahmedabad. The disclosure serves as a mandatory compliance update for investors regarding changes in promoter holdings.