TPL India Promoter Bharat C Parekh Reduces Stake by 1.16% in Open Market Sale
Bharat C Parekh, a promoter of TPINDIA, sold 5,00,000 shares (1.16% of total voting capital) in an open market transaction on September 15, 2025. This reduced his shareholding from 63.21% to 62.04%. The sale was disclosed to the stock exchange in compliance with SEBI regulations. TPINDIA's total equity share capital remains unchanged at 4,29,63,470 shares.

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TPINDIA , a prominent player in the Indian market, recently witnessed a significant change in its shareholding pattern as one of its promoters, Bharat C Parekh, reduced his stake in the company through an open market transaction.
Transaction Details
On September 15, 2025, Bharat C Parekh sold 5,00,000 shares of TPINDIA in the open market. This sale represents approximately 1.16% of the company's total voting capital. The transaction has led to a notable shift in the promoter's shareholding:
Particulars | Before Sale | After Sale | Change |
---|---|---|---|
Shares Held | 2,71,55,515 | 2,66,55,515 | -5,00,000 |
Shareholding Percentage | 63.21% | 62.04% | -1.17% |
Impact on Shareholding Structure
Following this transaction, Bharat C Parekh's stake in TPINDIA has decreased from 63.21% to 62.04%. Despite this reduction, Parekh remains a significant shareholder in the company, retaining his status as a promoter.
Company Overview
TPINDIA's total equity share capital stands at 4,29,63,470 shares, which remains unchanged after this transaction.
Regulatory Compliance
In compliance with the Securities and Exchange Board of India (SEBI) regulations regarding substantial acquisition of shares and takeovers, Bharat C Parekh has made the necessary disclosures to the stock exchange. This transparency ensures that all stakeholders are informed about significant changes in the company's shareholding pattern.
The disclosure, dated September 16, 2025, was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. It provides detailed information about the transaction, including the mode of sale, which was conducted through the open market.
This development may be of interest to investors and market analysts tracking TPINDIA, as changes in promoter shareholding can sometimes influence market sentiment and stock performance.
Historical Stock Returns for TPINDIA
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-2.52% | -4.66% | +5.99% | +0.29% | -24.31% | +163.57% |