MCL Promoter Mr. Rajesh Patel Sells 9,000 Equity Shares
M TEK COPPER LIMITED promoter Mr. Rajesh Odhavjibhai Patel sold 9,000 equity shares on September 25, 2026. The total transaction value was ₹4,99,42,590. His shareholding reduced from 13,87,500 to 13,78,500 shares.
The sale represents a small percentage of the promoter's holding and is a standard disclosure under insider trading regulations, unlikely to significantly impact the company's stock price or operations.
The announcement details a routine disclosure of a promoter's share sale, which is a common occurrence and does not inherently signal positive or negative performance for the company.
M TEK COPPER LIMITED (MCL) has disclosed a transaction by one of its promoters, Mr. Rajesh Odhavjibhai Patel. Pursuant to Regulation 7(2)(b) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, Mr. Patel has sold 9,000 equity shares of the company.
The sale of these shares occurred on September 25, 2026. Following this transaction, Mr. Patel's holding in the company has changed. The details of the transaction are: sale of 9,000 equity shares at a price of ₹5,593.62 per share, resulting in a total transaction value of ₹4,99,42,590 (approximately ₹4.99 crore).
Prior to this sale, Mr. Patel held 13,87,500 equity shares. Post the transaction, his holding stands at 13,78,500 equity shares. The disclosure was received by the company on September 29, 2026.
What to do with a filing like this
M TEK COPPER LIMITED filed this with the NSE as a statutory disclosure, categorised under designated person disclosures. 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.