Spacenet Enterprises India Limited

Mahevarsh Fincon decreased its stake in Spacenet Enterprises India Limited from 1.39% to 1.14%, selling 14 lakh shares. The value of the shares sold is approximately ₹53.2 lakh at ₹3.80 apiece.

A trading and distribution enterprise incorporated in 2010, Spacenet Enterprises operates across commodity trading and information technology services. The company engages in sourcing, distribution, and trading of various commodities while simultaneously providing IT-related solutions to corporate and institutional clients. Its diversified business model across physical commodities and digital services positions it distinctively in the trading and distribution sector.

Indian investment vehicle active in primary issuances and block deals. Notable recent activity includes a Rs 5.7 crore purchase of 4.96 lakh shares of Arisinfra Solutions at Rs 115.48, taking a 0.6% stake. Operates as a proprietary book concentrated in smallcap and SME-listed names.