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.
Ramesh Saraogi Discloses Sale of 83 Lakh Shares in Pro Fin Capital Services
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.
Ramesh Sawalram Saraogi has disclosed the sale of 32 lakh equity shares in Pro Fin Capital Services Ltd through open market transactions, as per the disclosure filed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The share sale was executed in two separate transactions during January 2026:
Date Shares Sold Percentage of Total Shareholding January 16, 2026 17,00,000 0.29% January 19, 2026 15,00,000 0.25% Total 32,00,000 0.54%
Shareholding Pattern Changes
The disclosure reveals the impact of the transaction on Saraogi's overall holding in the company:
Parameter Before Sale After Sale Change Number of Shares 8,55,00,000 8,23,00,000 -32,00,000 Percentage Holding 14.43% 13.89% -0.54%
Saraogi's holding includes shares held in concert with Navratri Share Trading Private Limited, which is identified as a Person Acting in Concert (PAC) in the disclosure.
Company Information
Pro Fin Capital Services Ltd has an equity share capital of ₹59.26 crores, comprising 59,25,94,326 equity shares of ₹1 each. The company's shares are listed on BSE Limited under scrip code 511557. The seller, Ramesh Sawalram Saraogi, is not part of the promoter or promoter group of the company.
Regulatory Compliance
The disclosure was filed on January 20, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates disclosure of substantial changes in shareholding patterns to ensure transparency in the securities market. All shares sold were equity shares with voting rights, and no encumbrances, warrants, or convertible securities were involved in the transaction.
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