Dishank Nitin Babariya, a promoter of 3B Films Limited, has sold 1,02,000 equity shares, representing 0.41% of the company’s total equity. This transaction, occurring on August 6, 2026, was executed to meet the company’s working capital requirements. Following the sale, the promoter group’s holding in the company has been adjusted accordingly.
Promoter Share Sale for Working Capital
Dishank Nitin Babariya, acting as a promoter of 3B Films Limited, has disclosed the sale of a portion of his holdings in the company. The transaction involved the disposal of 1,02,000 equity shares, which accounts for 0.41% of the total share capital. This sale was undertaken to address the company’s immediate working capital needs. The effective date of this sale was August 6, 2026.
Shareholding Adjustments
Prior to this transaction, the total holding of the promoter group, including Dishank Nitin Babariya, stood at 8,84,370 shares, representing 3.57% of the total voting capital. Following the sale of 1,02,000 shares, the promoter group’s holding has been reduced to 7,82,370 shares, bringing their total stake down to 3.16% of the company’s equity. The sale was conducted through the open market.
Transaction Details
The equity share capital and total voting capital of 3B Films Limited before and after this acquisition/sale remained constant at ₹2,47,72,000. The transaction has been reported in accordance with the disclosure requirements under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
Source: BSE