Promoter Sells 12.48 Lakh Shares in Octaware Technologies; Holding Drops to 19.98%

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Mumbai, January 9, 2026 (IST)Octaware Technologies Limited witnessed a significant change in promoter ownership after promoter Mohammed Aslam Qudratullah Khan completed an off-market sale of 12.48 lakh equity shares on January 6, 2026. The transaction resulted in a sharp reduction in his shareholding in the company.

Transaction Snapshot​

The promoter disposed of 12,48,000 equity shares through an off-market transfer, altering the ownership structure while the company’s paid-up equity capital remained unchanged.

Promoter Holding – Before and After​

ParticularsNumber of SharesStake (%)
Holding before sale19,65,22454.73
Shares sold12,48,00034.76
Holding after sale7,17,22419.98

Deal Details​

ParameterDetails
Mode of transactionOff-market transfer
Date of transactionJanuary 6, 2026
Equity shares sold12,48,000
Face value per shareRs 10
Total equity shares outstanding35,90,570
The sale did not impact the company’s total equity share capital, which continues to stand at Rs 3.59 crore, divided into 35.91 lakh equity shares of face value Rs 10 each.

About the Company​

Octaware Technologies Limited is listed on the BSE and operates in the information technology services space, offering digital transformation, cloud, and enterprise technology solutions to clients across sectors.

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