Man Infraconstruction Shares Surge on Promoter's Stake Increase
Man Infraconstruction's share price saw a significant jump after promoter Parag K. Shah raised his stake, indicating confidence in the company's growth despite recent market pressures.
Man InfraconstructionReal EstateStock MarketPromoter StakeFinancial PerformanceReal Estate NewsAug 21, 2025
Promoter Stake Increase Details:
Parag K. Shah acquired an additional 5 lakh equity shares, representing 0.13 percent of the company, on August 20, 2025. This raised his personal stake to 29.37 percent, up from 29.24 percent previously, translating to 11.85 crore shares from 11.80 crore. The acquisition, conducted under SEBI’s Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011, increased the collective holding of the promoter group from 62.17 percent to 62.30 percent, totaling 25,14,68,757 shares.
Notably, these shares were purchased entirely through the open market, with no involvement of pledges or convertible instruments. The acquisition underscores the promoter’s confidence in the company’s operational stability and future growth prospects.
Promoter Group Composition:
The promoter group of Man Infraconstruction includes Parag K. Shah, Mansi P. Shah, Purvi M. Shah, Manan P. Shah, Vatsal P. Shah, Dhruvi M. Shah, and Arhan M. Shah (through Manan P. Shah as guardian). The company’s total equity stands at 40,36,66,505 shares of ₹2 each, aggregating to ₹80,73,33,010.
Previous Stake Purchases:
Prior to this recent acquisition, Parag K. Shah had increased his stake through two earlier market purchases. On August 18, he acquired 1,00,000 shares worth ₹1.59 crore, followed by another 3,61,959 shares valued at ₹5.79 crore on August 19. These transactions brought his stake to 29.24 percent before the August 20 purchase.
Mutual Fund Holdings and Market Performance:
Quant Mutual Fund holds a 1.93 percent stake in Man Infraconstruction, equivalent to 77.8 lakh shares. Despite the promoter’s confidence, the real estate stock has been under pressure. Year-to-date, the shares have declined 36 percent. August saw a drop of over 7 percent, following nearly a 4 percent fall in July. The stock hit a 52-week low of ₹135.05 on March 17, 2025, after peaking at ₹262.50 on December 30, 2024.
Q1FY26 Financial Performance:
The company’s latest financial results reflected ongoing challenges. For Q1FY26, Man Infraconstruction reported a 28.3 percent year-on-year decline in profit to ₹55.57 crore from ₹77.50 crore in the same quarter last year. Revenue from operations fell 46.5 percent to ₹182.90 crore from ₹341.62 crore in Q1FY25.
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Frequently Asked Questions
What triggered the rise in Man Infraconstruction's share price?
The rise in Man Infraconstruction's share price was triggered by the announcement that promoter Parag K. Shah increased his personal stake in the company through open market purchases.
How much did Parag K. Shah increase his stake by?
Parag K. Shah increased his stake by 0.13 percent, raising his personal stake to 29.37 percent from 29.24 percent previously.
What is the composition of the promoter group in Man Infraconstruction?
The promoter group includes Parag K. Shah, Mansi P. Shah, Purvi M. Shah, Manan P. Shah, Vatsal P. Shah, Dhruvi M. Shah, and Arhan M. Shah (through Manan P. Shah as guardian).
How has Man Infraconstruction's stock performed year-to-date?
Man Infraconstruction's stock has declined 36 percent year-to-date, with significant drops in August and July.
What were Man Infraconstruction's financial results for Q1FY26?
For Q1FY26, Man Infraconstruction reported a 28.3 percent year-on-year decline in profit to ₹55.57 crore and a 46.5 percent drop in revenue from operations to ₹182.90 crore.
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