Netweb Technologies: Shareholding Decreases Below Substantial Threshold

Goldman Sachs Asset Management International reports a decrease in its shareholding in Netweb Technologies India Limited to 1,939,035 shares, representing 3.423% of the company’s capital as of September 16, 2025. As a result, they have ceased to be a substantial shareholder according to SEBI regulations. This announcement was made on September 18, 2025.

Shareholding Update

Goldman Sachs Asset Management International announced that their shareholdings in Netweb Technologies India Limited have decreased to 1,939,035 shares. This represents 3.423% of the total capital of the company.

Change in Shareholder Status

As of September 16, 2025, due to this decrease, Goldman Sachs Asset Management International is no longer classified as a substantial shareholder of Netweb Technologies India Limited.

Details of the Sale

Before the sale, the total holding of shares carrying voting rights was 3,073,077, representing 5.481% of the total share/voting capital. After the sale, the holding decreased to 1,939,035 shares, or 3.423%. This includes shares sold by Goldman Sachs Asset Management International (Seller) and Persons Acting in Concert (PAC).

Specific Share Transfers

The sale involved 1,134,042 equity shares carrying voting rights. Post-sale holdings include: Seller with 1,329,280 shares, and PAC with 604,770 shares. The mode of sale was through open market transactions.

Source: BSE

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