TPINDIA witnessed a significant change in its promoter shareholding as Bharat C Parekh, a key promoter of the company, sold a substantial portion of his stake in the open market.

Transaction Details

Bharat C Parekh executed an open market sale of 5,00,000 shares, representing 1.16% of TPINDIA's total voting capital. This transaction resulted in a notable reduction of Parekh's shareholding in the company.

Impact on Shareholding

Following the sale, Bharat C Parekh's stake in TPINDIA has decreased from 2,66,55,515 shares (62.04% of the total share capital) to 2,61,55,515 shares (60.88%). Despite this reduction, Parekh remains a significant promoter shareholder in the company.

Company's Share Capital

TPINDIA's total equity share capital remains unchanged at 4,29,63,470 shares following this transaction.

Regulatory Compliance

In compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, Bharat C Parekh filed the necessary disclosure with the Bombay Stock Exchange (BSE). This filing ensures transparency in the promoter's shareholding changes for the benefit of all stakeholders.

Market Impact

While this sale represents a decrease in promoter holding, it's important for investors to note that such transactions can occur for various reasons and may not necessarily reflect on the company's performance or future prospects. Market participants will likely monitor for any further changes in promoter shareholding or company developments.

Investors and stakeholders are advised to keep track of any further announcements or disclosures from the company for a comprehensive understanding of its shareholding structure and corporate actions.

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:

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.