Announced Mon, 29 Dec · 15:38 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hemant Gupta & PACs

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hemant Gupta, part of the Promoter Group of Continental Securities Limited, sold 1,00,000 equity shares through the open market on December 26, 2025. The disclosure was filed under Regulation 29(2) of SEBI's SAST Regulations, 2011. His combined holding with Persons Acting in Concert (PACs) reduced from 4,50,000 shares (1.53%) to 3,50,000 shares (1.19%) of the company's share capital. The total share capital of the company is 5,85,06,000 equity shares of Rs. 2 each. The PAC group collectively holds over 1.05 crore shares across 20 entities as on September 30, 2025.

Likely market impact

This is a small promoter group offload representing just 0.34% of total share capital, unlikely to materially affect stock price or shareholder confidence. Retail investors should note the direction of promoter selling but the size is too small to be a major red flag.