New Delhi, Aug. 21 -- Shares of Man Infraconstruction saw a near 4 percent rise to Rs.169.60 in intra-day trading on Thursday following an announcement that promoter Parag K. Shah had increased his personal stake in the company. The move, executed through open market purchases, highlights the promoter group's confidence in the company's long-term growth despite recent pressures on the stock.

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) R...