Tag
Afloat Enterprises Limited
16 articles
Significant selling pressure from both promoter and institutional shareholders has characterized recent activity in Afloat Enterprises. Multiple promoter group members, including Pawan Kumar Mittal, Rukmani Devi Mittal, and Kiran Mittal, have collectively sold over 2 million shares through open market transactions since mid-June 2026, reducing their combined stake from approximately 33% to under 20%. Concurrently, Pine View Portfolio Consultants has also significantly reduced its stake, divesting over 1.3 million shares, reflecting a shift in investor sentiment. These disposals raise questions about the company’s near-term prospects and could potentially impact investor confidence, warranting close monitoring of future developments and the company's response.
Afloat Enterprises Announces 11th AGM on September 30
Afloat Enterprises Limited will hold its 11th Annual General Meeting on September 30, 2026 at its registered office in New Delhi.
The company is providing remote e-voting facilities through CDSL from
Afloat Enterprises FY26 Revenue Drops 70% to ₹1.80 Crore
Afloat Enterprises reported FY26 revenue of ₹17.98 lakh, down 70% from ₹60.99 lakh in FY25, with net profit of ₹623.
Company proposes appointment of new statutory auditor S K Handa & Associates and th
Afloat Enterprises Board Approves Auditor, Director Appointments
Board approved appointment of S K Handa & Associates as new statutory auditors for a 5-year term, replacing V.N Purohit & Co.
Appointed three new independent directors: Indrajeet Pradhan, Mohit Lochan
Afloat Enterprises Secretarial Auditor Resigns
Afloat Enterprises Ltd discloses resignation of secretarial auditor M/s G AAKASH & ASSOCIATES effective September 2, 2026.
Resignation reason cited as preoccupation with other professional assignments
Afloat Enterprises Promoters Sell 220,000 Shares
Afloat Enterprises discloses promoter and promoter group sale of 220,000 shares via open market transactions under SEBI Takeover Regulations.
Pawan Kumar Mittal sold 170,000 shares across three dates
Pine View Sells 540000 Afloat Enterprises Shares
Afloat Enterprises discloses Pine View Portfolio Consultants' sale of 540,000 shares via SEBI Regulation 29(2) filing.
Pine View sold 350,000 shares on 27-Jul-2026 and 190,000 shares on 28-Jul-2026 in
Pine View Sells 2.46% Stake in Afloat Enterprises
Afloat Enterprises discloses Pine View Portfolio Consultants' open market sale of 310,000 shares under SEBI Takeover Regulations.
Pine View's stake reduced from 10.83% to 8.36% through two transaction
Pine View Sells 320,000 Afloat Enterprises Shares
Pine View Portfolio Consultants disclosed selling 320,000 shares of Afloat Enterprises in open market transactions across three dates in June 2026.
The sale reduced Pine View's holding in Afloat Enter
Afloat Enterprises Promoters Sell 320,000 Shares
Promoter group members Pawan Kumar Mittal and Kiran Mittal sold 320,000 equity shares via open market transactions on June 19 and 22, 2026.
The sale reduced the collective promoter and PAC holding fro
Afloat Promoters Sell 410,000 Shares via Open Market
Afloat Enterprises discloses promoter group sale of 410,000 shares under SEBI Takeover Regulations.
Kiran Mittal sold 150,000 shares and Rukmani Devi Mittal sold 260,000 shares on June 15-16, 2026.
To
Afloat Promoters Sell 6.8 Lakh Shares via Open Market
Afloat Enterprises discloses promoter group sale of 680,000 shares under SEBI Takeover Regulations.
Pawan Kumar Mittal sold 540,000 shares, reducing his holding from 7.43% to 3.13% on June 18, 2026.
P
Afloat Promoter Pawan Mittal Sells 480,000 Shares
• Promoter group member Pawan Kumar Mittal sold 480,000 equity shares (3.82% stake) via open market transaction on June 17, 2026.
• The sale reduced his direct holding from 1,412,525 shares (11.25%) t
Afloat Enterprises Promoter Sells 260,000 Shares
Promoter group member Rukmani Devi Mittal disclosed sale of 260,000 shares via open market transaction.
Her holding reduced from 3.35% to 1.27% of total voting capital in Afloat Enterprises Limited.
D
Afloat Enterprises Promoter Sells 1.5 Lakh Shares
Afloat Enterprises Ltd discloses a promoter group member's sale of 150,000 shares via open market transaction on 16-06-2026.
Kiran Mittal's holding reduced from 2.37% to 1.18% of total voting capital
Pine View Sells 300,000 Afloat Enterprises Shares
Pine View Portfolio Consultants sold 300,000 shares of Afloat Enterprises via open market transactions on June 15-16, 2026.
The sale reduced Pine View's stake from 15.93% to 13.55% of the company's to
Afloat Enterprises Promoter Releases 1.41M Share Pledge
Promoter Pawan Kumar Mittal released an encumbrance (pledge) on 1,412,525 equity shares, representing 11.25% of Afloat Enterprises' total share capital.
The disclosure is a mandatory filing under SEBI