M Tek Copper Promoter Sells 1000 Shares, Stake Decreases Slightly
M Tek Copper Limited promoter, Mr. Rajesh Odhavjibhai Patel, sold 1,000 shares in the open market. His stake decreased from 4.96% to 4.956%. The disclosure was made on September 28, 2026.
The sale involves a very small percentage of the total shareholding and is unlikely to have a material impact on the company's stock price or operations.
The sale of a small number of shares by a promoter does not significantly alter the company's fundamental position or outlook. The change in shareholding is minimal.
M Tek Copper Limited (formerly Madhav Copper Limited) has disclosed a sale of equity shares by its promoter, Mr. Rajesh Odhavjibhai Patel. The disclosure, made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the sale of 1,000 equity shares in the open market.
Prior to this transaction, Mr. Patel held 13,78,500 equity shares, representing 4.96% of the total share capital. Following the sale of 1,000 shares, his holding has reduced to 13,77,500 shares, which constitutes 4.956% of the total share capital. The total diluted share capital of the company remains unchanged at ₹13,57,14,000, divided into 2,71,42,800 equity shares of face value ₹5 each.
The transaction was executed in the open market, and the disclosure was received by the company on September 28, 2026. The company has forwarded this information to the National Stock Exchange of India Ltd for their records.
What to do with a filing like this
M TEK COPPER LIMITED filed this with the NSE as a statutory disclosure, categorised under substantial acquisition of shares and takeovers. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by M TEK COPPER LIMITED. Read the original for the full detail.