Pro Fin Capital Services: Saraogi Group Cuts 0.42% Stake

BANKINGFINANCE
Whalesbook Corporate News Logo
AuthorIshaan Verma|Published at:
Pro Fin Capital Services: Saraogi Group Cuts 0.42% Stake
Overview

Ramesh Sawalram Saraogi and associated entities sold 25 lakh shares in Pro Fin Capital Services Ltd., a 0.42% stake. This transaction on May 18, 2026, lowers their combined holding to 2.87%.

Instant Stock Alerts on WhatsApp

Used by 10,000+ active investors

1

Add Stocks

Select the stocks you want to track in real time.

2

Get Alerts on WhatsApp

Receive instant updates directly to WhatsApp.

  • ✓Quarterly Results
  • ✓Concall Announcements
  • ✓New Orders & Big Deals
  • ✓Capex Announcements
  • ✓Bulk Deals
  • ✦And much more
Add StocksGet it on Google PlayDownload on the App Store

Pro Fin Capital Services announced that Ramesh Sawalram Saraogi and associated entities have sold 25,00,000 shares, reducing their stake by 0.42%. This transaction, which took place on May 18, 2026, brought their previous holding of 3.29% down to 2.87%.

Following the sale, Saraogi and his Persons Acting in Concert (PAC) now hold 1,70,00,000 shares. The total equity share capital of Pro Fin Capital Services stands at 59,25,94,326 shares.

Ramesh Sawalram Saraogi and PAC have historically been significant shareholders, making regular disclosures according to exchange regulations. Pro Fin Capital Services operates as a non-deposit taking NBFC in India, focusing on lending, investment advisory, and other capital market services.

Disclosures of stake changes by substantial shareholders like Saraogi can offer insights into investor sentiment and signal shifts in the company's ownership structure. Market participants typically monitor such transactions closely.

Investors will likely keep an eye on future disclosures from Saraogi and PAC regarding their holdings, as well as Pro Fin Capital Services' upcoming quarterly financial results and business updates.

Get stock alerts instantly on WhatsApp

Quarterly results, bulk deals, concall updates and major announcements delivered in real time.

Add Stocks
Disclaimer:This content is for educational and informational purposes only and does not constitute investment, financial, or trading advice, nor a recommendation to buy or sell any securities. Readers should consult a SEBI-registered advisor before making investment decisions, as markets involve risk and past performance does not guarantee future results. The publisher and authors accept no liability for any losses. Some content may be AI-generated and may contain errors; accuracy and completeness are not guaranteed. Views expressed do not reflect the publication’s editorial stance.