Rajasvee Sagar Shah, identified as a promoter, has disclosed the sale of 293,560 shares, representing 9.38% of the total voting capital in Hipolin Ltd. The transaction, effective from August 20, 2026, was executed via the open market. This sale adjusts the promoter’s stake, impacting the company’s ownership structure and free float. Hipolin Ltd’s shares are listed on the Bombay Stock Exchange.
Promoter Share Disposal at Hipolin Ltd
Rajasvee Sagar Shah, a promoter of Hipolin Ltd, has officially disclosed a significant sale of shares. On August 20, 2026, Shah divested 293,560 equity shares, which constitutes 9.38% of the company’s total voting capital. The shares were sold through open market transactions.
Transaction Details and Impact
Prior to this transaction, Rajasvee Sagar Shah held 9.38% of Hipolin Ltd’s total voting capital. Following the sale, the holding remains at 9.38%, indicating that this sale is part of a broader disclosure or adjustment rather than a reduction in the promoter’s overall stake from a baseline before this specific event. The total equity share capital of Hipolin Ltd before and after the acquisition/sale stands at 31,31,300 equity shares with a face value of Rs. 10 each.
The transaction was conducted via open market operations. Hipolin Ltd’s securities are listed on the Bombay Stock Exchange. This disclosure aligns with the requirements under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency in shareholding patterns.
Source: BSE
