Space Incubatrics Technologies' Promoter, Nishant Mittal, has sold 5,83,254 equity shares at Rs. 2 each via an on-market trade.

This transaction represents 1.69% of the company's paid-up share capital.

Crucially, following this significant disposal, Nishant Mittal's shareholding in the company is now NIL.

This complete exit by a promoter is a key development for shareholders, potentially impacting investor sentiment regarding long-term commitment to the company.