Nitinkumar Didwania Reduces Stake in Mapro Industries to 4.82% Through Open Market Sale
Nitinkumar Deendayal Didwania has reduced his stake in Mapro Industries Ltd from 6.90% to 4.82% by selling 175000 equity shares through open market transactions up to March 12, 2026. The disclosure was filed with BSE Limited under SEBI regulations, confirming that Didwania is not part of the promoter group and the transaction was completed in compliance with substantial acquisition regulations.
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Nitinkumar Deendayal Didwania has filed a disclosure with BSE Limited regarding the substantial reduction of his shareholding in Mapro Industries Ltd. The transaction involved the sale of 175000 equity shares through open market operations, completed up to March 12, 2026.
Shareholding Changes
The disclosure reveals significant changes in Didwania's position in the company. His shareholding has decreased from 579000 shares to 404000 shares, representing a reduction from 6.90% to 4.82% of the total share capital.
| Parameter: | Before Transaction | After Transaction | Change |
|---|---|---|---|
| Number of Shares: | 579000 | 404000 | -175000 |
| Shareholding %: | 6.90% | 4.82% | -2.09% |
| Transaction Mode: | - | Open Market Sale | - |
Regulatory Compliance
The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Didwania confirmed that he does not belong to the promoter or promoter group of Mapro Industries Ltd. The formal disclosure was submitted to BSE Limited on March 16, 2026.
Company Details
Mapro Industries Ltd is listed on BSE Limited with scrip code 509762. The company's equity share capital remains unchanged at Rs. 8,38,89,250, divided into 83,88,925 equity shares with a face value of Rs. 10 each.
| Company Information: | Details |
|---|---|
| Listed Exchange: | BSE Limited |
| Scrip Code: | 509762 |
| Total Equity Shares: | 83,88,925 |
| Face Value per Share: | Rs. 10 |
| Total Share Capital: | Rs. 8,38,89,250 |
The transaction represents a strategic reduction in Didwania's investment position while maintaining compliance with all applicable SEBI regulations for substantial shareholding changes.
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