NewsOrders & DealsNew Light Industries: Manoj Agrawal Reduces Shareholding by 2.72% Through Market SaleNew Light Industries: Manoj Agrawal Reduces Shareholding by 2.72% Through Market Sale
Manoj Agrawal sold 23,86,264 shares of New Light Industries Limited through open market transactions between December 9-11, 2025, reducing his shareholding from 7.19% to 5.19%. The 2.72% stake reduction was disclosed under SEBI regulations, with the company's total share capital remaining unchanged at 8,76,00,150 equity shares of ₹1.00 face value each.
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New Light Industries Limited has received a regulatory disclosure from Manoj Agrawal regarding a substantial share sale transaction completed in December 2025. The disclosure, submitted under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, provides detailed information about the shareholding changes.
Transaction Details
Manoj Agrawal executed the sale of 23,86,264 equity shares through open market transactions conducted over a three-day period from December 9, 2025, to December 11, 2025. The transaction represents a significant 2.72% change in the total issued and paid-up share capital of the company.
| Transaction Parameter: | Details |
|---|---|
| Shares Sold: | 23,86,264 |
| Transaction Period: | December 9-11, 2025 |
| Sale Method: | Open market sale |
| Percentage of Capital: | 2.72% |
Shareholding Changes
The disclosure reveals substantial changes in Agrawal's ownership position in New Light Industries Limited. As a non-promoter shareholder, his stake reduction represents a notable shift in the company's shareholding pattern.
| Shareholding Details: | Before Sale | After Sale | Change |
|---|---|---|---|
| Number of Shares: | 63,00,515 | 45,50,881 | -23,86,264 |
| Percentage Holding: | 7.19% | 5.19% | -2.72% |
| Voting Rights: | 7.19% | 5.19% | -2.72% |
Company Share Capital Structure
New Light Industries Limited maintains a stable equity structure with no changes to the overall share capital following this transaction. The company's shares are listed on BSE Limited, where the open market sale was executed.
| Capital Structure: | Details |
|---|---|
| Total Equity Shares: | 8,76,00,150 |
| Face Value per Share: | ₹1.00 |
| Listing Exchange: | BSE Limited |
| Share Capital Status: | Unchanged post-transaction |
Regulatory Compliance
The disclosure was submitted in accordance with Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. Agrawal confirmed that he does not belong to the promoter or promoter group category, classifying this as a non-promoter shareholding change. The formal disclosure was dated December 11, 2025, and submitted to both BSE Limited and the company's corporate office in Delhi.
The transaction maintains transparency in shareholding changes while ensuring compliance with regulatory requirements for substantial shareholding modifications in publicly listed companies.
Historical Stock Returns for New Light Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.45% | -3.45% | -11.39% | -24.32% | -86.90% | -45.53% |
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