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  3. Nitinkumar Didwania Reduces Stake in Mapro Industries to 4.82% Through Open Market Sale
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India IPO
  • 16 Mar 2026
  • X
 Nitinkumar Didwania Reduces Stake in Mapro Industries to 4.82% Through Open Market Sale

Nitinkumar Deendayal Didwania has reduced his stake in Mapro Industries Ltd from 6.90% to 4.82% by selling 175000 equity shares through open market transactions up to March 12, 2026. The disclosure was filed with BSE Limited under SEBI regulations, confirming that Didwania is not part of the promoter group and the transaction was completed in compliance with substantial acquisition regulations.

Nitinkumar Didwania Reduces Stake in Mapro Industries to 4.82% Through Open Market Sale

Nitinkumar Deendayal Didwania has filed a disclosure with BSE Limited regarding the substantial reduction of his shareholding in Mapro Industries Ltd. The transaction involved the sale of 175000 equity shares through open market operations, completed up to March 12, 2026.

Shareholding Changes

The disclosure reveals significant changes in Didwania's position in the company. His shareholding has decreased from 579000 shares to 404000 shares, representing a reduction from 6.90% to 4.82% of the total share capital.

Parameter: Before Transaction After Transaction Change Number of Shares: 579000 404000 -175000 Shareholding %: 6.90% 4.82% -2.09% Transaction Mode: - Open Market Sale -

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Didwania confirmed that he does not belong to the promoter or promoter group of Mapro Industries Ltd. The formal disclosure was submitted to BSE Limited on March 16, 2026.

Company Details

Mapro Industries Ltd is listed on BSE Limited with scrip code 509762. The company's equity share capital remains unchanged at Rs. 8,38,89,250, divided into 83,88,925 equity shares with a face value of Rs. 10 each.

Company Information: Details Listed Exchange: BSE Limited Scrip Code: 509762 Total Equity Shares: 83,88,925 Face Value per Share: Rs. 10 Total Share Capital: Rs. 8,38,89,250

The transaction represents a strategic reduction in Didwania's investment position while maintaining compliance with all applicable SEBI regulations for substantial shareholding changes.

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