Enbee Trade & Finance discloses promoter Meyhul Gaala's sale of 20 lakh shares

What Enbee Trade & Finance announced

Enbee Trade & Finance Limited (CIN L50100MH1985PLC036945) submitted a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to the Bombay Stock Exchange on 30 June 2026. The filing records that the company's promoter, Meyhul Gaala, disposed of a portion of his shareholding in the target company.

The filing states that on 3 June 2026 the promoter sold 20 lakh shares, representing 0.29 % of the target’s total equity share capital. After the sale, his holding decreased from 5.93 crore shares (8.50 %) to 5.73 crore shares (8.21 %).

Details of the share disposal

• Acquirer / Seller: Meyhul Gaala (promoter of Enbee Trade & Finance).
• Nature of transaction: Sale of shares carrying voting rights; no encumbrances, warrants, convertible securities or other instruments were involved.
• Number of shares sold: 20 lakh (2,000,000) shares.
• Percentage of total voting capital sold: 0.29 %.
• Holding before disposal: 5,93,00,100 shares (8.50 %).
• Holding after disposal: 5,73,00,100 shares (8.21 %).
• Date of transaction: 3 June 2026 (off‑market).
• Total equity share capital of the target company: 697,286,312 shares (unchanged by the transaction).

The annexure attached to the filing confirms the numbers, showing the promoter’s shareholding before and after the disposal and the exact date of the transaction.

Key facts at a glance

Why this matters for investors

The Regulation 29(2) filing is a statutory requirement whenever a promoter or any person acting in concert with the promoter acquires or disposes of shares that cross the 1 % threshold of the total voting capital of a listed entity. Although the transaction involved a relatively small percentage (0.29 %), the disclosure provides transparency about changes in promoter ownership, which can affect voting dynamics and control considerations.

For existing shareholders of Enbee Trade & Finance, the filing does not imply any immediate dilution or capital‑raising activity; it merely records a reduction in the promoter’s stake in the target company. No new securities were issued, and the company’s own capital structure remains unchanged.

Regulatory compliance is confirmed, as the filing was made within the prescribed time‑frame after the transaction (the sale occurred on 3 June 2026 and the notice was filed on 30 June 2026). No further approvals from the board or shareholders are required for this off‑market disposal under the SEBI regulations.

Conclusion

Enbee Trade & Finance Ltd has complied with SEBI’s Substantial Acquisition of Shares & Takeovers Regulations by reporting that promoter Meyhul Gaala sold 20 lakh shares on 3 June 2026, reducing his holding from 8.50 % to 8.21 % of the target’s equity. The transaction was off‑market, involved no additional securities, and does not alter the company’s own capital structure. The filing satisfies regulatory disclosure obligations, and no further corporate actions are pending in relation to this share disposal.