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Scoobee Day Garments (India) Limited's promoters, Boby M. Jacob and Minni Boby Jacob, have announced their intention to divest 8,07,917 equity shares. This represents 4.77% of the company's total equity share capital. The shares will be sold in the open market, potentially in multiple tranches, within the next 12 months. This strategic move is aimed at ensuring compliance with regulatory requirements for minimum public shareholding, increasing the company's public float and enhancing market accessibility for investors.