A decline in promoter shareholding can indicate that a company may be raising funds for expansion, as promoters might sell their stakes to generate capital. However, for investors, such moves can also raise concerns about a possible misalignment between management’s interests and shareholders’. In the NSE midcap segment, we have highlighted the top 10 stocks where promoters trimmed their holdings in the September ’25 quarter compared to the June ’25 quarter, based on data from the StockEdge shareholding scan.