Umiya Tubes Limited's promoter group member, Bharatkumar P Patel, has reduced his stake in the company. He sold 2,00,000 equity shares of Umiya Tubes through an open market transaction. Prior to this sale, his shareholding stood at 6.52%, which has now decreased to 4.52% of the total share capital. This open market disposal by a promoter group individual represents a notable shift in insider holdings, important for investors tracking ownership changes.