Mahip Industries promoter HUF sells 4,000 shares for ₹73,379

Mahip Industries Ltd disclosed on August 3, 2026, that Rajeev Govindram Agrawal (HUF), a promoter group entity, sold 4,000 equity shares in the open market on July 31, 2026. The transaction was executed at a total consideration of ₹73,379.20. This disposal reduced the HUF’s holding from 17,99,960 shares (9.35%) to 17,95,960 shares (9.33%) of the company’s total voting capital, representing a minor 0.20% reduction in the promoter group’s stake.

The disclosure was filed pursuant to Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Rajiv Govindram Agrawal, Whole-Time Director of Mahip Industries Ltd and DIN holder 01922581, signed the submission to the Bombay Stock Exchange (BSE). The filing confirms that the shares were sold through the open market mechanism, rather than via off-market transfers or block deals. The company previously filed disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, but this specific transaction falls under insider trading norms.

Transaction Details

The following table outlines the shareholding position before and after the disposal:

Metric	Before Disposal	Disposal	After Disposal
Shares Held	17,99,960	4,000	17,95,960
Stake (%)	9.35%	0.20%	9.33%
Consideration	—	₹73,379.20	—

The company’s total equity share capital remains unchanged at ₹19,23,99,840, divided into 1,92,39,984 equity shares of ₹10 each. There were no encumbrances, pledges, or liens associated with the sold shares or the remaining holding. No warrants, convertible securities, or other instruments entitling the seller to receive shares were involved in the transaction. The ISIN for the company is INE00CX01017.

Promoter Group Holding

Rajeev Govindram Agrawal (HUF) is identified as part of the promoter group of Mahip Industries Ltd. The post-transaction holding of 17,95,960 shares constitutes 9.33% of both the total share/voting capital and the total diluted share/voting capital. The filing indicates no voting rights held otherwise than by shares, nor any non-disposal undertakings affecting the remaining stake. The seller, acting as Karta on behalf of the HUF, resides at C/101, Auravilla, Opp. Swagat Green Ville, Thaltej Hebatpur Road, Thaltej, Ahmedabad-380059.

What the Numbers Show

The small scale of the transaction—representing only 0.20% of the total capital and valued at approximately ₹73,000—suggests routine portfolio adjustment rather than a strategic exit by the promoter group. The retention of a significant majority of the original holding (over 17 lakh shares) indicates continued long-term interest in the company’s operations. Investors should note that the promoter group’s stake remains above the 5% threshold for substantial acquisition disclosures, ensuring ongoing regulatory transparency for future transactions. The average price per share derived from the disclosed consideration implies a market valuation consistent with recent trading activity, though specific per-share pricing was not explicitly itemized beyond the total value.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+2.28%	-12.46%	+2.34%	+241.37%	+241.37%

Promoter Rajeev Govindram Agrawal HUF sold 1,60,000 equity shares of Mahip Industries Ltd on July 28, 2026, reducing its stake in the company from 10.19% to 9.35%. The on-market transaction was valued at ₹31,17,014.40, marking a significant adjustment in the promoter group’s shareholding pattern. This disclosure, submitted to the Bombay Stock Exchange (BSE) on July 30, 2026, provides transparency regarding insider trading activities and potential liquidity events within the promoter circle.

The sale was executed pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Rajeev Govindram Agrawal, acting as Karta on behalf of Rajeev Govindram Agrawal HUF, notified the company of the disposal. The transaction details were formally communicated to the Company Secretary and Compliance Officer, with Form C enclosed as required by statutory timelines. The shares had a face value of ₹10 each.

Transaction Details

Metric	Value
Seller	Rajeev Govindram Agrawal HUF
Transaction Type	Disposed/Sold
Mode	On-Market
Number of Shares	1,60,000
Total Consideration	₹31,17,014.40
Date of Sale	July 28, 2026
Date of Intimation	July 30, 2026

Prior to this transaction, Rajeev Govindram Agrawal HUF held 19,59,960 equity shares, representing 10.19% of the total share capital. Following the disposal of 1,60,000 shares, the holding stands at 17,99,960 shares, which constitutes 9.35% of the company’s equity. The PAN associated with the promoter entity is AAJHR9105A.

What the Numbers Show

The reduction in promoter holding from 10.19% to 9.35% indicates a deliberate step-down in ownership concentration. While the absolute number of shares sold (1,60,000) is material, the remaining holding of nearly 9.35% suggests the promoter group retains a significant controlling interest in Mahip Industries Ltd. The on-market nature of the transaction implies execution through standard exchange mechanisms rather than block deals or off-market transfers, potentially reflecting routine portfolio rebalancing or liquidity management by the promoter family.

No trading in derivatives such as futures or options was reported in conjunction with this equity sale, as indicated in the disclosure form. The company, formerly known as Care Corupack Ltd, continues to operate with its registered office in Ahmedabad, Gujarat. The disclosure ensures compliance with regulatory requirements for continual disclosure of changes in holdings by promoters and key managerial personnel.