The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sangeeta Bahri
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Awaiting price reaction for this filing.
Sangeeta Bahri, a member of the promoter group of Croissance Ltd, has sold 14,42,400 equity shares (face value Rs. 1) on November 17 and 18, 2025. The sale represents 2.10% of the company's total share capital, bringing her holding down from 11.22% (76,92,400 shares) to 9.12% (62,50,000 shares). The company's total equity share capital stands at 6,85,48,000 shares. The disclosure was filed with BSE on November 20, 2025, in compliance with SEBI takeover regulations. No encumbrance details were indicated in the filing.
A promoter shedding more than 2% stake in two days is a negative signal for retail investors, as it may indicate reduced promoter confidence or a need to monetize holdings, potentially putting short-term pressure on the stock price. The promoter holding, though diluted, remains above 9%, so it does not threaten the promoter's overall control.