Unifinz Capital India promoters sell 965,000 shares in open market
On 19 June 2026, promoters Pawan Kumar Mittal and Kiran Mittal disclosed the sale of 640,000 and 325,000 equity shares respectively, reducing their combined holding to 22.46% of voting capital.
What Unifinz Capital India announced
On 19 June 2026, Unifinz Capital India Ltd filed a consolidated disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing records the sale of equity shares by the company’s promoters – Pawan Kumar Mittal and Kiran Mittal – in the open market. In total, 965,000 shares were disposed of, reducing the promoters’ combined voting‑shareholding from 24.64% to 22.46% of the total voting capital.
"The promoters have sold a total of 965,000 equity shares, bringing their post‑sale holding to 9,944,500 shares (22.46% of voting capital)."
The disclosure satisfies SEBI’s requirement to inform the market whenever a promoter’s shareholding changes by more than 2%.
Details of the share disposals
The filing breaks down the transactions by each promoter:
- Pawan Kumar Mittal sold a total of 640,000 shares in three tranches: 80,000 shares on 8 June 2026, 330,000 shares on 12 June 2026 and 230,000 shares on 15 June 2026.
- Kiran Mittal sold 325,000 shares across several dates: 2,988 shares on 28 August 2025, 1,060 shares on 29 September 2025, 140 shares on 2 September 2025, 177 shares on 11 September 2025, 12,550 shares on 16 December 2025, 11,904 shares on 17 December 2025, 1,181 shares on 18 December 2025, 70,000 shares on 8 June 2026 and 225,000 shares on 16 June 2026.
All disposals were executed via the open market, meaning the shares were sold on the exchange rather than through a private placement or preferential allotment.
Shareholding impact
Before the disposals, the promoters held:
- Pawan: 6,059,500 shares (13.69% of voting capital)
- Kiran: 4,850,000 shares (10.96% of voting capital)
- Combined: 10,909,500 shares (24.64% of voting capital)
After the sales, the holdings stand at:
- Pawan: 5,419,500 shares (12.24% of voting capital)
- Kiran: 4,525,000 shares (10.22% of voting capital)
- Combined: 9,944,500 shares (22.46% of voting capital)
The company’s total equity share capital remains unchanged at 44,268,085 shares of Rs 10 each, amounting to a nominal capital of Rs 442.68 crore. A bonus issue on 19 December 2025 (4:1) increased the absolute number of shares held by the promoters proportionately, but it did not affect their percentage ownership.
Key facts at a glance
| Detail | Value |
|---|---|
| Company | Unifinz Capital India Ltd |
| BSE ticker | 541358 |
| Filing date | 19 June 2026 |
| Disposing promoters | Pawan Kumar Mittal, Kiran Mittal |
| Total shares sold | 965,000 equity shares |
| Post‑sale promoter holding | 9,944,500 shares (22.46% of voting capital) |
| Mode of sale | Open market |
| Regulatory basis | SEBI Regulation 29(2) (SAST) |
| Total equity share capital | 44,268,085 shares (Rs 442.68 crore) |
Why this matters for investors
The disclosure provides transparency on promoter intent and liquidity. A reduction in promoter stake can be interpreted as a move to diversify personal holdings or to raise cash, but the filing does not disclose the consideration received. Because the sale was conducted on the open market, it did not involve any preferential pricing or dilution of existing shareholders. The overall capital structure of Unifinz Capital India remains unchanged; no new shares were issued and no debt instruments were affected. Investors can therefore focus on the unchanged equity base while monitoring any future changes in promoter ownership that might signal strategic shifts.
Conclusion
Unifinz Capital India Ltd’s promoters have collectively sold 965,000 equity shares through open‑market transactions between June 2025 and June 2026, bringing their combined voting‑shareholding down to 22.46% of the company. The filing satisfies SEBI’s disclosure requirement and confirms that the company’s capital structure and total share count remain unchanged. Future filings will reveal whether further disposals or acquisitions occur.
FAQs
Q: How many shares did each promoter sell? A: Pawan Kumar Mittal sold 640,000 shares and Kiran Mittal sold 325,000 shares, for a total of 965,000 shares.
Q: What is the promoters’ combined holding percentage after the sale? A: After the disposals, the promoters hold 9,944,500 shares, representing 22.46% of the total voting capital.
Q: Were the shares sold through a public offering or the open market? A: The filing states the mode of acquisition/sale was “Open Market”.
Q: Did the earlier bonus issue affect the promoters’ percentage ownership? A: The 4:1 bonus issue on 19 December 2025 increased the absolute number of shares held by the promoters proportionately, but their percentage shareholding remained unchanged.
Q: Why was this filing required? A: SEBI Regulation 29(2) mandates disclosure when a promoter’s shareholding changes by more than 2% of the total voting capital, which occurred after these sales.
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Source filing: view original