Space Incubatrics Technologies' promoter, Mr. Nishant Mittal, has sold 5.83 lakh equity shares, representing 1.69% of the company's paid-up capital, through an open market transaction.

This sale means Mr. Mittal no longer holds shares individually.

Consequently, the combined holding of the promoter and persons acting in concert (PAC) has decreased from 14.72% to 13.04%. This shift in promoter stake is an important development for investors to monitor, indicating a change in the company's ownership structure.