Madhav Copper Limited: Promoter Sells Shares Under SEBI Takeover Regulations
Madhav Copper Limited has announced that its promoter, Mr. Vishal Talsibhai Monpara, will be selling equity shares of the company in the open market. This disclosure is made pursuant to Regulation 29(...
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Why is Madhav Copper Limited in the news today?
Madhav Copper Limited (MCL) is in the news due to the announcement is a routine disclosure regarding a promoter's share sale, which is a standard regulatory requirement. it does not inherently signal positive or negative performance for the company itself.
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Madhav Copper Limited: Promoter Sells Shares Under SEBI Takeover Regulations
December 29, 2025, 06:30 AM
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Madhav Copper Limited has announced that its promoter, Mr. Vishal Talsibhai Monpara, will be selling equity shares of the company in the open market. This disclosure is made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The company has forwarded the prescribed disclosure format received from the promoter to the National Stock Exchange of India Ltd. Further details regarding the exact number of shares to be sold and the timeline are expected to be available in the formal disclosure document.
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