D-Mart promoter Radhakishan Damani has sold a 1% stake in the company for about ₹875 crore. The stake sale is to comply with SEBI rules which stipulate that promoters can have a maximum of 75% stake in listed entities. The promoter shareholding in D-Mart will drop to roughly 80.2% after the latest transaction from 81.2% at the end of June.