News Orders & Deals Ramesh Saraogi Discloses Sale of 80 Lakh Shares in Pro Fin Capital ServicesRamesh Saraogi Discloses Sale of 80 Lakh Shares in Pro Fin Capital Services
Ramesh Sawalram Saraogi disclosed the sale of 80,00,000 shares (1.35%) in Pro Fin Capital Services Ltd on March 11, 2026, through open market transactions. The sale reduced his combined holding with PAC from 6,71,00,000 shares (11.32%) to 5,91,00,000 shares (9.97%). The disclosure was made under SEBI Takeover Regulations and filed with BSE Limited on March 12, 2026.
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Ramesh Sawalram Saraogi has disclosed the sale of 80,00,000 equity shares in Pro Fin Capital Services Ltd through open market transactions on March 11, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and filed with BSE Limited on March 12, 2026.
Transaction Details
The share sale represents 1.35% of the company's total shareholding and was executed through open market transactions. Saraogi, who is not part of the promoter group, conducted the sale along with his Person Acting in Concert (PAC), Navratni Share Trading Private Limited.
| Transaction Parameter: | Details |
|---|---|
| Shares Sold: | 80,00,000 |
| Sale Percentage: | 1.35% |
| Sale Date: | March 11, 2026 |
| Mode of Sale: | Open Market |
| Securities Type: | Equity Shares |
Shareholding Changes
The transaction resulted in a significant reduction in Saraogi's stake in Pro Fin Capital Services. His combined holding with PAC decreased from 11.32% to 9.97% of the company's total share capital.
| Shareholding Period: | Number of Shares | Percentage |
|---|---|---|
| Pre-Sale Holding: | 6,71,00,000 | 11.32% |
| Shares Sold: | 80,00,000 | 1.35% |
| Post-Sale Holding: | 5,91,00,000 | 9.97% |
Company Information
Pro Fin Capital Services Ltd is listed on BSE Limited with scrip code 511557. The company's total equity share capital stands at 59,25,94,326 equity shares of ₹1 each, totaling ₹59,25,94,326. The share capital remained unchanged following this transaction as it involved a secondary market sale between investors.
Regulatory Compliance
The disclosure was made in accordance with SEBI regulations governing substantial acquisitions and disposals of shares. Saraogi, based in Mumbai, filed the necessary documentation with both BSE Limited and the company, ensuring full compliance with regulatory requirements. The transaction details were digitally signed and authenticated on March 11, 2026.
Despite the reduction in shareholding, Saraogi and his PAC continue to maintain a substantial stake of nearly 10% in Pro Fin Capital Services, indicating continued confidence in the company's prospects.
Historical Stock Returns for Pro Fin Capital Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
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