Onyx Biotec promoters dispose 12.91% equity stake for ₹8.11 crore
Promoters Sanjay Jain and Fateh Pal Singh disposed of a combined 12.91% equity stake in Onyx Biotec Limited through open market sales on the NSE. The transactions, executed on June 19, 2026, amounted to a total value of ₹8.11 crore. Following the sale, Jain's holding reduced to 6.18% while Singh's stake stood at 11.57%.

*this image is generated using AI for illustrative purposes only.
Promoters Sanjay Jain and Fateh Pal Singh have disposed of a combined 12.91% equity stake in Onyx Biotec Limited through open market transactions on the National Stock Exchange (NSE). The sales, executed on June 19, 2026, were disclosed to the company in compliance with Regulation 7(2)(a) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The total value of the transactions amounted to ₹8.11 crore, excluding taxes and brokerage charges.
Sanjay Jain sold 10,00,000 equity shares, representing 5.52% of the company's shareholding, for a total consideration of ₹3.41 crore. Prior to the disposal, Jain held 21,20,600 shares (11.70%). Post-transaction, his holding has reduced to 11,20,600 shares, which accounts for 6.18% of the paid-up share capital. The trade was executed on the NSE through the market mechanism.
Fateh Pal Singh divested 13,40,000 equity shares, amounting to 7.39% of the company, for ₹4.70 crore. Before this sale, Singh held 34,37,600 shares (18.96%). Following the disposal, his stake stands at 20,97,600 shares, equating to 11.57% of the equity. Like Jain, Singh executed the trade on the NSE on June 19, 2026, and formally intimated the company on June 23, 2026.
Breakdown of Share Disposal
The following table details the changes in shareholding for both promoters:
| Promoter Name | Shares Sold | % Holding Disposed | Sale Value (₹) | Pre-Sale Holding | Post-Sale Holding |
|---|---|---|---|---|---|
| Sanjay Jain | 10,00,000 | 5.52% | 3,41,00,000 | 21,20,600 (11.70%) | 11,20,600 (6.18%) |
| Fateh Pal Singh | 13,40,000 | 7.39% | 4,70,34,000 | 34,37,600 (18.96%) | 20,97,600 (11.57%) |
Onyx Biotec Limited submitted the disclosures to the NSE on June 24, 2026, under Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The confirmations were signed by Harsh Mahajan, CEO/CFO/WTB of the company. Neither promoter reported any trading in derivatives during the relevant period.
Historical Stock Returns for Onyx Biotec
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.66% | -8.56% | -2.12% | -1.99% | -26.15% | -35.07% |
What are the promoters' stated reasons for the significant reduction in their shareholding?
How might this divestment impact Onyx Biotec's stock price and investor sentiment in the short term?
Are there plans for the promoters to further reduce their stakes in the near future?


























