FilingReader Intelligence

Goldman Sachs reduces stake in Netweb Technologies India

September 18, 2025 at 10:30 AM UTCBy FilingReader AI

Goldman Sachs Asset Management International (GSAMI) and its Persons Acting in Concert (PACs) have disclosed a sale of shares in Netweb Technologies India Limited, leading to a reduction in their combined stake. As of September 16, 2025, their total shareholding in the company stands at 1,939,035 shares, representing 3.423% of the capital. This reduction means GSAMI and its PACs are no longer substantial shareholders, as their holding has fallen below the threshold.

Before the sale, the combined holding of GSAMI and its PACs was 3,073,077 equity shares, or 5.481% of the company's capital. The sale involved 1,134,042 equity shares, representing 2.002% of the total share/voting capital, conducted via open market transactions.

The total change in the sellers' shareholding since the last disclosure, including the sale and further issuance of shares by the company, is a decrease of 2.002%.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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