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Madhav Copper Ltd. ( (IN:MCL) ) has provided an update.
Madhav Copper Ltd. has notified the National Stock Exchange that it has received a disclosure from promoter Vishal Talsibhai Monpara regarding the sale of the company’s equity shares in the open market, as required under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing indicates a change in the promoter’s shareholding, a development closely watched by investors as it can signal shifts in promoter confidence, control dynamics, or future corporate strategy, though no further details on the size or rationale of the sale were provided in the disclosure.
More about Madhav Copper Ltd.
Average Trading Volume: 169,394
Technical Sentiment Signal: Strong Buy
Current Market Cap: 1.33B INR
For a thorough assessment of MCL stock, go to TipRanks’ Stock Analysis page.