Mrs. P.V. Jeeva sells 2,245 shares in S.P. Apparels

1 min read     Updated on 20 Jun 2026, 07:41 AM
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AI Summary

Mrs. P.V. Jeeva, a Designated Person and Chief Executive Officer at S.P. Apparels, sold 2,245 equity shares through market transactions between June 3 and June 15, 2026, for a total value of Rs. 19,11,700. The sales were made pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and were disclosed to the stock exchanges on June 17, 2026. Following the disposal, her shareholding reduced from 16,795 shares (0.07%) to 14,550 shares (0.06%).

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Mrs. P.V. Jeeva, a Designated Person and Chief Executive Officer at S.P. Apparels , has sold 2,245 equity shares through market transactions between June 3 and June 15, 2026. The sales were conducted pursuant to Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The total value of the transactions amounted to Rs. 19,11,700, executed in two separate tranches.

The first tranche involved the sale of 1,115 shares for Rs. 8,90,604 on June 3, 2026. The second tranche comprised 1,130 shares sold for Rs. 10,21,096 on June 15, 2026. The company intimated the stock exchanges regarding this disposal on June 17, 2026.

Prior to these transactions, Mrs. P.V. Jeeva held 16,795 equity shares, representing 0.07% of the company's shareholding. Following the disposal, her holding has reduced to 14,550 equity shares, which accounts for 0.06% of the total share capital. The transactions were confirmed via a disclosure in Form C submitted to the exchanges.

Details of Share Disposal

The following table outlines the specific details of the share sales by Mrs. P.V. Jeeva:

Date Number of Shares Sold Sale Value (Rs.) Mode of Transaction
June 3, 2026 1,115 8,90,604 Market Sale
June 15, 2026 1,130 10,21,096 Market Sale
Total 2,245 19,11,700 Market Sale

The disclosure confirmed that there were no trading activities in the company's derivatives by the insider during this period.

Historical Stock Returns for SP Apparels

1 Day5 Days1 Month6 Months1 Year5 Years
-1.42%+11.21%+24.31%+36.16%+20.98%+318.70%

Will this insider sale trigger a trend of reduced holdings by other key executives at S.P. Apparels?

How might the market interpret the timing of these sales in relation to the company's upcoming quarterly results?

What impact could this disposal have on investor confidence in S.P. Apparels' short-term performance?

S.P. Apparels CFO V. Balaji sells 1,750 shares

1 min read     Updated on 10 Jun 2026, 12:52 AM
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Reviewed by
Naman SScanX News Team
AI Summary

S.P. Apparels Limited CFO V. Balaji disposed of 1,750 equity shares via market sales from June 3 to June 5, 2026, at prices of ₹790 and ₹840 per share, totaling ₹14,07,500. The transaction, compliant with SEBI regulations, reduced his holding from 0.02% to 0.01%.

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S.P. Apparels Limited Chief Financial Officer V. Balaji has reduced his shareholding in the company by selling 1,750 equity shares through market transactions. The sales occurred between June 3 and June 5, 2026, and were executed at prices of ₹790 and ₹840 per share, aggregating to a total value of ₹14,07,500. The disclosure was made in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Prior to the disposal, Balaji held 5,250 equity shares, representing 0.02% of the company's shareholding. Following the sale of 1,750 shares, his stake has decreased to 3,500 equity shares, which constitutes 0.01% of the total holding. The company was intimated of the transaction on June 5, 2026.

The filing confirmed that there were no trading activities in derivatives by the designated person during this period. The transactions were classified as market sales, and the details were formally submitted to the exchanges on June 5, 2026.

Transaction Details

Parameter Details
Name of Designated Person V. Balaji
Designation Chief Financial Officer
Category Key Managerial Personnel (KMP)
Mode of Disposal Market Sale
Date of Sale 03.06.2026 to 05.06.2026
Shares Sold 1,750 Equity Shares
Sale Value ₹14,07,500
Pre-sale Holding 5,250 shares (0.02%)
Post-sale Holding 3,500 shares (0.01%)

Historical Stock Returns for SP Apparels

1 Day5 Days1 Month6 Months1 Year5 Years
-1.42%+11.21%+24.31%+36.16%+20.98%+318.70%

Does this reduction in shareholding by the CFO signal a potential shift in the company's near-term financial outlook?

Are other key managerial personnel expected to follow suit with similar divestments in the coming quarters?

How might the market interpret this insider sale regarding the company's valuation at current price levels?

More News on SP Apparels

1 Year Returns:+20.98%