How many shares did Amit Bhatia buy and at what cost?

He bought 4,40,400 shares (2.09% of equity) in the open market on June 9. At recent prices, the transaction is valued at roughly ₹6.8 crore.

What is the new promoter holding in Mach Travel Solutions?

Amit Bhatia's personal stake increased to 66.54%, and the total promoter group now holds 74.03% of the company.

Why is this purchase significant for a small company?

For a nano-cap with a market cap of ₹325 crore, the chairman buying shares in the open market signals strong confidence in the company's future, especially after securing a ₹92 crore government contract.

What recent developments has Mach Travel Solutions announced?

The company rebranded to Mach Travel Solutions and secured a landmark ₹92 crore pilgrim travel mandate from the Punjab government in FY26.

Professional Services · Micro cap

Mach Travel promoter Amit Bhatia lifts stake to 74% with ₹6.8 cr buy

The chairman's open-market purchase of 4,40,400 shares follows a ₹92 cr government mandate and signals confidence in the nano-cap travel services firm.

— 1 earlier story on Mach Travel Solutions Ltd. →

MCEL By Tipsheet Editorial 12 Jun 2026 · 11:55 AM IST Verify on BSE · NSE

Mkt cap₹317 cr

P/E20.27×

ROE13.01%

Debt / eq.0.06

Div yld0.34%

74.03% Total promoter holding after purchase

What's new

Amit Bhatia bought 4,40,400 shares (2.09% equity) in the open market on June 9.
His personal stake rose from 64.49% to 66.54%; promoter group from 71.94% to 74.03%.
Transaction valued at roughly ₹6.8 crore, disclosed under SEBI takeover rules.

Why this matters

For a nano-cap with a market cap of ₹325 crore, an open-market purchase by the chairman is a strong vote of confidence. It comes on the heels of a ₹92 crore government mandate and increases promoter skin-in-the-game, a positive governance signal for investors.

What we're watching

Whether other promoters follow with additional purchases.
Execution and revenue recognition from the Punjab government pilgrimage contract.
Next quarterly results to see if the mandate lifts margins.

The full read

Mach Travel Solutions chairman Amit Bhatia bought 4,40,400 shares in the open market on June 9, lifting his personal stake from 64.49% to 66.54% and the total promoter group holding to 74.03%. The ₹6.8 crore transaction is modest in absolute terms, but for a nano-cap with a market cap of ₹325 crore, it carries weight. It follows a recent rebranding and a ₹92 crore government pilgrimage mandate that could transform the company's revenue base. The open-market purchase (not a preferential allotment) puts cash behind conviction. It is a governance signal that matters more than the crore count.

Questions answered

How many shares did Amit Bhatia buy and at what cost?: He bought 4,40,400 shares (2.09% of equity) in the open market on June 9. At recent prices, the transaction is valued at roughly ₹6.8 crore.
What is the new promoter holding in Mach Travel Solutions?: Amit Bhatia's personal stake increased to 66.54%, and the total promoter group now holds 74.03% of the company.
Why is this purchase significant for a small company?: For a nano-cap with a market cap of ₹325 crore, the chairman buying shares in the open market signals strong confidence in the company's future, especially after securing a ₹92 crore government contract.
What recent developments has Mach Travel Solutions announced?: The company rebranded to Mach Travel Solutions and secured a landmark ₹92 crore pilgrim travel mandate from the Punjab government in FY26.

Mentioned: Amit Bhatia · Mach Travel Solutions · ₹6.8 crore

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on MCEL →

12 Jun 2026 · 11:55 AM IST Mach Travel promoter Amit Bhatia lifts stake to 74% with ₹6.8 cr buy
13d ago Mach Travel's profit rises on margin gain, Punjab mandate