Rajasvee Sagar Shah, identified as a promoter of Hipolin Limited, has sold 293,560 shares, representing 9.38% of the company’s total share capital. The transaction occurred on August 20, 2026, via an open market sale. This disclosure is made in compliance with SEBI’s substantial acquisition regulations. The sale has adjusted the promoter’s holding to 9.38% post-transaction.
Promoter Shareholding Change at Hipolin Limited
Rajasvee Sagar Shah, a promoter of Hipolin Limited, has officially informed the company of a significant transaction involving the sale of shares. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the disposal of the promoter’s stake in the company.
Transaction Details
According to the submitted disclosures, Rajasvee Sagar Shah sold a total of 293,560 shares. These shares carry voting rights, and their disposal represents 9.38% of Hipolin Limited’s total issued and paid-up share capital. The transaction was executed on August 20, 2026, through an open market sale. Following this sale, the promoter’s total holding in Hipolin Limited stands at 9.38%.
Regulatory Compliance
The disclosure was submitted to BSE Limited by Hipolin Limited on September 1, 2026, following the receipt of information from the promoter. The company has requested that these records be taken into account and acknowledged. The face value of each equity share is Rs. 10, with a total equity share capital of 31,31,300 shares before and after the sale.
Source: BSE
