Ramesh Saraogi Discloses 3.73% Stake Sale in Pro Fin Capital Services

1 min read     Updated on 30 Mar 2026, 06:22 PM
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AI Summary

Ramesh Sawalram Saraogi disclosed the sale of 2,21,00,000 shares (3.73% stake) in Pro Fin Capital Services Ltd through open market transactions on March 27, 2026. The transaction reduced his combined holding with PAC from 9.97% to 6.24% of the company's total share capital. The disclosure was filed under SEBI Regulation 29(2) with the company's total equity capital remaining unchanged at ₹59,25,94,326.

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Ramesh Sawalram Saraogi has disclosed a significant stake sale in Pro Fin Capital Services Ltd, filing the mandatory disclosure under SEBI regulations for substantial share transactions. The disclosure pertains to the sale of equity shares conducted on March 27, 2026, through open market transactions.

Transaction Details

The share sale transaction involved the disposal of 2,21,00,000 equity shares, representing 3.73% of the company's total share capital. The transaction was executed through open market sales on March 27, 2026.

Transaction Parameter: Details
Shares Sold: 2,21,00,000
Percentage Sold: 3.73%
Sale Date: March 27, 2026
Mode of Sale: Open Market
Securities Type: Equity Shares

Shareholding Pattern Changes

The transaction resulted in a significant reduction in Saraogi's shareholding in Pro Fin Capital Services. Prior to the sale, Ramesh Sawalram Saraogi along with his Person Acting in Concert (PAC) Navratni Share Trading Private Limited held a substantial stake in the company.

Shareholding Period: Number of Shares Percentage Holding
Pre-Sale Holding: 5,91,00,000 9.97%
Shares Sold: 2,21,00,000 3.73%
Post-Sale Holding: 3,70,00,000 6.24%

Company Share Capital Structure

Pro Fin Capital Services Ltd maintains its total equity share capital unchanged following this transaction. The company's share capital structure remains stable with no dilution effect from this sale transaction.

Capital Structure: Details
Total Equity Shares: 59,25,94,326
Face Value per Share: ₹1
Total Equity Capital: ₹59,25,94,326
Listing Exchange: BSE Limited
BSE Scrip Code: 511557

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. Saraogi filed the necessary documentation with both BSE Limited and Pro Fin Capital Services Ltd on March 28, 2026, providing comprehensive details of the transaction including pre and post-sale shareholding patterns. The seller confirmed that he does not belong to the promoter or promoter group of the company.

Historical Stock Returns for Pro Fin Capital Services

1 Day5 Days1 Month6 Months1 Year5 Years
+4.82%+16.01%-22.20%-28.19%-28.19%-28.19%

What strategic factors might have motivated Saraogi to reduce his stake by nearly 40% in Pro Fin Capital Services?

How could this significant stake sale impact Pro Fin Capital Services' stock price and trading volumes in the coming weeks?

Will other major shareholders follow suit with similar stake reductions given this substantial open market sale?

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Ramesh Saraogi Discloses Sale of 80 Lakh Shares in Pro Fin Capital Services

1 min read     Updated on 12 Mar 2026, 10:36 AM
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AI Summary

Ramesh Sawalram Saraogi disclosed the sale of 80,00,000 shares (1.35%) in Pro Fin Capital Services Ltd on March 11, 2026, through open market transactions. The sale reduced his combined holding with PAC from 6,71,00,000 shares (11.32%) to 5,91,00,000 shares (9.97%). The disclosure was made under SEBI Takeover Regulations and filed with BSE Limited on March 12, 2026.

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Ramesh Sawalram Saraogi has disclosed the sale of 80,00,000 equity shares in Pro Fin Capital Services Ltd through open market transactions on March 11, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and filed with BSE Limited on March 12, 2026.

Transaction Details

The share sale represents 1.35% of the company's total shareholding and was executed through open market transactions. Saraogi, who is not part of the promoter group, conducted the sale along with his Person Acting in Concert (PAC), Navratni Share Trading Private Limited.

Transaction Parameter: Details
Shares Sold: 80,00,000
Sale Percentage: 1.35%
Sale Date: March 11, 2026
Mode of Sale: Open Market
Securities Type: Equity Shares

Shareholding Changes

The transaction resulted in a significant reduction in Saraogi's stake in Pro Fin Capital Services. His combined holding with PAC decreased from 11.32% to 9.97% of the company's total share capital.

Shareholding Period: Number of Shares Percentage
Pre-Sale Holding: 6,71,00,000 11.32%
Shares Sold: 80,00,000 1.35%
Post-Sale Holding: 5,91,00,000 9.97%

Company Information

Pro Fin Capital Services Ltd is listed on BSE Limited with scrip code 511557. The company's total equity share capital stands at 59,25,94,326 equity shares of ₹1 each, totaling ₹59,25,94,326. The share capital remained unchanged following this transaction as it involved a secondary market sale between investors.

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisitions and disposals of shares. Saraogi, based in Mumbai, filed the necessary documentation with both BSE Limited and the company, ensuring full compliance with regulatory requirements. The transaction details were digitally signed and authenticated on March 11, 2026.

Despite the reduction in shareholding, Saraogi and his PAC continue to maintain a substantial stake of nearly 10% in Pro Fin Capital Services, indicating continued confidence in the company's prospects.

Historical Stock Returns for Pro Fin Capital Services

1 Day5 Days1 Month6 Months1 Year5 Years
+4.82%+16.01%-22.20%-28.19%-28.19%-28.19%
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1 Year Returns:-28.19%