News Orders & Deals Ramesh Saraogi Discloses Sale of 83 Lakh Shares in Pro Fin Capital ServicesRamesh Saraogi Discloses Sale of 83 Lakh Shares in Pro Fin Capital Services
Ramesh Sawalram Saraogi disclosed the sale of 83,00,000 shares (1.40% of total holding) in Pro Fin Capital Services Ltd through open market transactions on February 16, 2026. His combined shareholding with PAC Navratri Share Trading Private Limited decreased from 8,23,00,000 shares (13.89%) to 7,40,00,000 shares (12.49%). The company's equity share capital remains unchanged at 59,25,94,326 shares of Rs. 1 each, with shares listed on BSE under scrip code 511557.
*this image is generated using AI for illustrative purposes only.
Ramesh Sawalram Saraogi has disclosed the sale of 83,00,000 shares in Pro Fin Capital Services Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was filed on February 16, 2026, detailing the open market transaction that reduced his stake in the Mumbai-based financial services company.
Transaction Details
The share sale was executed through open market transactions on February 16, 2026. Saraogi, who is not part of the promoter group, sold 83,00,000 equity shares representing 1.40% of the company's total shareholding.
| Transaction Parameter: | Details |
|---|---|
| Shares Sold: | 83,00,000 |
| Sale Date: | February 16, 2026 |
| Mode of Sale: | Open Market |
| Percentage of Total Holding: | 1.40% |
| Securities Type: | Equity Shares |
Shareholding Pattern Changes
The transaction resulted in a reduction of Saraogi's combined holding with his Person Acting in Concert (PAC), Navratri Share Trading Private Limited. The shareholding pattern shows a decrease from the pre-sale position.
| Shareholding Period: | Number of Shares | Percentage Holding |
|---|---|---|
| Before Sale: | 8,23,00,000 | 13.89% |
| After Sale: | 7,40,00,000 | 12.49% |
| Shares Sold: | 83,00,000 | 1.40% |
Company Capital Structure
Pro Fin Capital Services Ltd maintains its equity share capital structure unchanged following this transaction. The company's total equity share capital remains at 59,25,94,326 equity shares of Rs. 1 each, totaling Rs. 59,25,94,326. The company's shares are listed on BSE Limited under scrip code 511557.
Regulatory Compliance
The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. Saraogi, based in Mumbai's Lodha World Towers, filed the necessary documentation with both BSE Limited and the company's corporate office in Borivali East, Mumbai. The disclosure confirms that no encumbrances, voting rights other than equity shares, or convertible securities were involved in the transaction.
Historical Stock Returns for Pro Fin Capital Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.54% | -5.12% | -13.11% | -18.28% | -18.28% | -18.28% |
18
