Netweb Technologies Promoters Sell 20.79 Lakh Shares Worth 3.65% Stake
Four promoters of Netweb Technologies India Limited sold 20,79,935 shares (3.65% stake) through open market transactions on February 12, 2026. Sanjay Lodha sold 8,99,000 shares (1.58%), while Navin Lodha, Niraj Lodha, and Vivek Lodha each sold 3,93,645 shares (0.69%). The collective promoter holding reduced from 70.64% to 66.98%, while maintaining majority control. The transaction was disclosed under SEBI Takeover Regulations with proper compliance to both BSE and NSE.
*this image is generated using AI for illustrative purposes only.
Netweb Technologies India Limited's four promoters have executed a significant stake sale, offloading 20,79,935 equity shares representing 3.65% of the company's total paid-up capital through open market transactions on February 12, 2026. The transaction marks a notable reduction in promoter shareholding while maintaining their majority control in the technology company.
Transaction Details
The share sale was conducted by four key promoters of the company, with varying stake sizes sold by each individual. The transaction details reveal a coordinated effort to reduce promoter holdings while ensuring compliance with regulatory requirements.
| Promoter Name | Shares Sold | Percentage of Capital |
|---|---|---|
| Sanjay Lodha | 8,99,000 | 1.58% |
| Navin Lodha | 3,93,645 | 0.69% |
| Niraj Lodha | 3,93,645 | 0.69% |
| Vivek Lodha | 3,93,645 | 0.69% |
| Total | 20,79,935 | 3.65% |
Shareholding Pattern Changes
The sale has resulted in a reduction of the promoter group's collective shareholding from 70.64% to 66.98%. Despite this reduction, the promoters continue to maintain a strong majority stake in the company. The pre and post-transaction shareholding patterns demonstrate the scale of the divestment.
| Promoter | Before Transaction | After Transaction | Change |
|---|---|---|---|
| Sanjay Lodha | 28.16% | 26.58% | -1.58% |
| Navin Lodha | 14.08% | 13.39% | -0.69% |
| Niraj Lodha | 14.08% | 13.39% | -0.69% |
| Vivek Lodha | 14.08% | 13.39% | -0.69% |
Regulatory Compliance
The transaction was disclosed in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was made to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed. The promoters filed the necessary documentation with detailed shareholding patterns before and after the transaction.
Company Capital Structure
Netweb Technologies India Limited maintains an equity share capital of Rs. 11,38,81,374 divided into 5,69,40,687 equity shares of Rs. 2 each. The total diluted share capital stands at Rs. 11,38,87,954 divided into 5,69,43,977 equity shares, accounting for potential conversions under the company's ESOP scheme. The recent allotment under the ESOP scheme occurred on February 4, 2026, just prior to this promoter sale.
Market Transaction Mode
The entire stake sale was executed through open market transactions, providing liquidity to public investors and ensuring price discovery through the regular trading mechanism. This method of sale demonstrates the promoters' confidence in the company's market valuation and provides an opportunity for retail and institutional investors to increase their holdings in the technology company.
Historical Stock Returns for Netweb Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.85% | -1.55% | -6.17% | +46.31% | +104.55% | +237.32% |
18
