Scan Projects Limited disclosed that Ms. Nirmal Gupta, a key member of its Promoter Group, has divested 135,502 equity shares of the company.

These shares were sold for an approximate value of 0.96 Cr.

This transaction has led to a notable change in the promoter's holding.

Previously, Ms. Gupta held 461,544 shares, representing 16.06% of the company.

Following this sale, her stake has decreased to 326,042 shares, now making up 11.35%. Such changes in significant insider holdings are important for investors to track as they can indicate shifts in long-term conviction.