Mili Sheth raises stake in Multiplus Holdings to 11.17%
Mili Jignesh Sheth, a member of the Promoter Group, increased her shareholding in Multiplus Holdings Limited to 11.17% through the acquisition of 62,000 equity shares. The transactions, valued at ₹1,922,000, were executed off-market on June 16, 2026, as per disclosures filed under SEBI (Prohibition of Insider Trading) and SEBI (SAST) Regulations.

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Mili Jignesh Sheth, a member of the Promoter Group, has increased her shareholding in multiplus holdings to 11.17% through the acquisition of 62,000 equity shares. The transactions, executed off-market on June 16, 2026, were disclosed to the company and BSE Limited pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The acquisitions were made in two separate tranches. In the first transaction, Sheth purchased 44,500 equity shares at a value of ₹1,379,500. Subsequently, she acquired an additional 17,500 equity shares valued at ₹542,500. Following these purchases, her total holding in the company rose to 210,125 equity shares, representing 11.17% of the total voting capital.
Details of Acquisition
The disclosures outline the shift in Sheth's shareholding and the specific details of the transactions conducted on June 16, 2026.
| Description | Shares Acquired | Transaction Value | Mode of Acquisition |
|---|---|---|---|
| First Tranche | 44,500 | ₹1,379,500 | Off Market |
| Second Tranche | 17,500 | ₹542,500 | Off Market |
| Total | 62,000 | ₹1,922,000 | Off Market |
Holding Pattern
Prior to the acquisition, Sheth held 148,125 equity shares, accounting for 7.88% of the company's share capital. The total equity share capital of Multiplus Holdings Limited remains at ₹1,88,00,000, divided into 18,80,000 equity shares of ₹10 each. No trading activity was reported in the derivatives segment by the acquirer.
The intimation regarding the acquisition was submitted to the company on June 16, 2026. The filings confirm that the acquirer belongs to the Promoter Group and that the shares were acquired off-market.
Historical Stock Returns for Multiplus Holdings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Does this increase in promoter group shareholding signal potential strategic shifts or upcoming corporate governance changes at Multiplus Holdings?
Will other members of the Promoter Group follow suit and increase their stakes to consolidate control further?
How might the off-market acquisition impact the liquidity and trading volume of Multiplus Holdings shares on the open market?































