Pace E-Commerce Ventures Promoter Sells 2.17 Lakh Shares Through Market Sale

1 min read     Updated on 26 Sept 2025, 01:09 PM
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Shriram ShekharScanX News Team
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Overview

Shaival Dharmendra Gandhi, Managing Director and CFO of Pace E-Commerce Ventures Limited, sold 217,200 equity shares in an open market transaction. This reduced his shareholding from 55.79% to 54.83%, a decrease of 0.96%. The company, listed on BSE, has made the mandatory disclosure as per SEBI regulations. Pace E-Commerce Ventures has a total equity share capital of 2,25,33,510 shares of Rs. 10 each.

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*this image is generated using AI for illustrative purposes only.

Pace E-Commerce Ventures Limited , a company listed on the Bombay Stock Exchange (BSE), has reported a significant change in its promoter shareholding. Shaival Dharmendra Gandhi, the Managing Director and Chief Financial Officer of the company, has sold a portion of his equity stake in an open market transaction.

Transaction Details

Gandhi disposed of 217,200 equity shares of Pace E-Commerce Ventures Limited through an open market sale.

Impact on Shareholding

Following the sale, Gandhi's shareholding in the company has undergone a notable change:

Shareholding Before Sale After Sale Change
Equity Shares 1,25,73,465 1,23,56,265 -217,200
Percentage 55.79% 54.83% -0.96%

Despite the reduction, Gandhi remains a significant shareholder in the company, retaining over 54% of the equity shares.

Regulatory Compliance

In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically those related to substantial acquisition of shares and takeovers, Pace E-Commerce Ventures Limited has made the mandatory disclosure.

Company Information

Pace E-Commerce Ventures Limited has a total equity share capital of 2,25,33,510 shares of Rs. 10 each.

This transaction highlights the importance of transparency in insider trading and adherence to regulatory requirements in the Indian stock market.

Historical Stock Returns for Pace E-Commerce Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-1.35%-1.12%-3.30%-12.07%-8.33%-79.95%
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Pace E-Commerce Ventures Unveils Strategic Growth Roadmap with Four Key Business Verticals

2 min read     Updated on 10 Sept 2025, 02:22 PM
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Ashish ThakurScanX News Team
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Overview

Pace E-Commerce Ventures Limited has announced a comprehensive strategic growth plan to transform into a diversified lifestyle and business solutions provider. The plan includes four key verticals: Direct-to-Consumer (D2C) Brands, PaceRoots Solutions (B2B Platform), Hirone.com (Digital & AI-powered Platform), and New Initiatives focusing on sustainability and innovation. The company plans to raise additional funding to support these verticals and future growth opportunities. In a separate transaction, promoter Shaival Dharmendra Gandhi reduced his shareholding from 58.69% to 57.39%.

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*this image is generated using AI for illustrative purposes only.

Pace E-Commerce Ventures Limited , a dynamic player in India's digital commerce landscape, has announced a comprehensive strategic growth roadmap aimed at transforming the company into a diversified lifestyle and business solutions provider. The plan outlines four distinct verticals designed to strengthen the company's market position and leverage next-generation technologies for long-term growth.

Four Strategic Verticals

1. Direct-to-Consumer (D2C) Brands

Pace E-Commerce Ventures operates a growing portfolio of consumer brands, including Ostilos, Zwankee, Wishrows, and Cot & Candy. These brands are set to expand through digital channels while also establishing an offline presence via:

  • Multi-brand outlets
  • Pop-up experiences
  • Event collaborations
  • Exclusive retail stores

2. PaceRoots Solutions (B2B Platform)

This business-focused platform integrates multiple capabilities:

  • Product & Print Customisation (POD): Offering on-demand merchandise and personalized product solutions
  • Garment Sourcing & Manufacturing: Providing end-to-end apparel design, sourcing, and production capabilities
  • Digital & Creative Services: Enabling branding, content, e-commerce enablement, and digital marketing solutions

3. Hirone.com (Digital & AI-powered Platform)

Hirone.com combines creative expertise with AI-driven platforms to deliver next-generation digital and e-commerce solutions. The platform aims to help businesses optimize marketing performance, strengthen branding, and unlock scalable new growth opportunities.

4. New Initiatives

The company is actively exploring high-potential sectors with a focus on sustainability, innovation, and lifestyle enhancement. Current initiatives under evaluation include:

  • Sustainable Consumer Products: Such as natural mineral water and wellness-focused categories
  • Circular Economy & Recycling: Solutions to promote responsible consumption and reduce environmental impact
  • Agri-Tech & Rural Solutions: Technology-led models to improve productivity, supply chains, and value creation in agriculture

Funding and Future Growth

To support these verticals and future growth opportunities, Pace E-Commerce Ventures plans to raise additional medium- to long-term funding from institutional investors and public markets. This strategic move is expected to bolster the company's expansion plans and fuel its transformation into a multi-dimensional growth company.

Management's Perspective

Shaival Gandhi, Managing Director & CFO of Pace E-Commerce Ventures, commented on the strategic roadmap: "With our expanding consumer brands, PaceRoots Solutions for enterprises, and Hirone.com's AI-led capabilities, we are positioning Pace E-Commerce Ventures as a multi-dimensional growth company of the future. We will continue to evaluate capital-raising opportunities in the medium to long term to support both new initiatives and the expansion of our existing businesses."

Recent Share Transaction

In a separate disclosure, it was reported that Shaival Dharmendra Gandhi, who belongs to the Promoter/Promoter group, sold 292,800 shares of the company on September 4, 2025, through an open market transaction. Following this sale, Gandhi's shareholding in the company decreased from 58.69% to 57.39% of the total share capital.

Pace E-Commerce Ventures Limited remains committed to creating enriching customer experiences, unlocking new-scale opportunities, and delivering long-term sustainable value to its stakeholders. As the company embarks on this ambitious growth strategy, it aims to solidify its position at the intersection of technology, consumer aspirations, and entrepreneurial empowerment in India's evolving digital commerce landscape.

Historical Stock Returns for Pace E-Commerce Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-1.35%-1.12%-3.30%-12.07%-8.33%-79.95%
Pace E-Commerce Ventures
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