Harmony Capital Services Issues Postal Ballot Corrigendum After Promoter Stake Sale

1 min read     Updated on 24 Dec 2025, 11:45 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Harmony Capital Services Limited submitted a corrigendum to its postal ballot notice with newspaper publications in Financial Express and Lakshadeep, following recent corporate activities including promoter Anish Sharma's off-market sale of 1,50,000 shares (4.99% stake), reducing his ownership from 14.99% to 9.99%.

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Harmony Capital Services Limited has issued a corrigendum to its postal ballot notice while the company continues to navigate significant corporate developments, including a recent promoter stake sale.

Postal Ballot Corrigendum Details

On December 24, 2025, Harmony Capital Services Limited submitted a corrigendum to the BSE regarding its postal ballot notice dated December 2, 2025. The company published newspaper advertisements related to this corrigendum in compliance with regulatory requirements.

Parameter: Details
Submission Date: December 24, 2025
Original Notice Date: December 2, 2025
Publications: Financial Express (English) and Lakshadeep (Marathi)
Regulation: SEBI (LODR) Regulation 30 and 47

Recent Promoter Stake Sale

Prior to this development, the company reported a significant change in its promoter shareholding. Anish Sharma, a promoter of the company, reduced his stake through an off-market transaction.

Transaction Details: Information
Promoter Name: Anish Sharma
Shares Sold: 1,50,000
Percentage Sold: 4.99%
Transaction Type: Off-market sale

Shareholding Impact

The off-market sale resulted in a substantial change in Anish Sharma's ownership position:

Shareholding: Before Sale After Sale
Number of Shares: 4,50,000 3,00,000
Percentage Stake: 14.99% 9.99%

Corporate Developments

Harmony Capital Services Limited has scheduled board meetings to discuss several important matters, including evaluation of proposals to raise funds through various equity-linked instruments, seeking members' approval for board decisions, and considering a change in the registered office address within Mumbai.

The company has also announced the closure of the trading window for designated persons until 48 hours after the board meeting concludes and the outcome is declared. These developments indicate active corporate restructuring and strategic planning initiatives by the management.

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TCare Promoter Exits: Complete 4.99% Stake Sold in Off-Market Deal

1 min read     Updated on 12 Nov 2025, 12:27 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

A TCare promoter has sold their entire 4.99% stake (1,50,000 shares) in an off-market transaction on November 10, 2025, at Rs. 5.00 per share. This sale reduces the promoter's holding from 4.99% to 0%. TCare's total equity share capital remains unchanged at Rs. 3,00,09,000, consisting of 30,00,900 shares with a face value of Rs. 10 each.

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A significant ownership change has occurred at TCare, as revealed in a recent corporate announcement. A promoter of the company has divested their entire shareholding, marking a complete exit from their position in the firm.

Key Details of the Transaction

Aspect Details
Shares Sold 1,50,000
Stake Percentage 4.99%
Transaction Type Off-market
Date of Transaction November 10, 2025
Price per Share Rs. 5.00

Impact on Ownership Structure

The sale has resulted in a notable shift in TCare's ownership composition:

  • Pre-transaction Promoter Holding: 4.99%
  • Post-transaction Promoter Holding: 0%

This move represents a complete divestment by the promoter from their position in TCare.

Company Share Capital

Despite this significant change in ownership, TCare's total equity share capital remains unaltered:

  • Total Equity Share Capital: Rs. 3,00,09,000
  • Number of Equity Shares: 30,00,900
  • Face Value per Share: Rs. 10

Market Implications

While the reasons behind the promoter's decision to exit have not been disclosed, such moves can often signal various developments within a company. Investors and market analysts may closely monitor TCare for any potential changes in business strategy, management decisions, or company performance in the wake of this ownership shift.

It's important to note that off-market transactions of this nature, especially involving promoter stakes, can sometimes have implications for the company's future direction. However, without further information from the company, it would be premature to speculate on the broader impact of this transaction on TCare's operations or market position.

Shareholders and potential investors are advised to keep an eye on any further announcements from TCare that might provide additional context or information regarding this significant change in its ownership structure.

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