The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hemant Bahri
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Awaiting price reaction for this filing.
Hemant Bahri, classified as a Promoter of Croissance Ltd, has sold 6,20,902 equity shares (Face Value Rs. 1) through open market on BSE on December 16 and December 17, 2025 (2,60,230 shares on Dec 16 and 3,60,072 shares on Dec 17). This represents 0.90% of the company's total share capital of 6,85,48,000 shares. Post-sale, his holding in the company has reduced from 4.52% (31,00,365 shares) to 3.62% (24,79,463 shares). The disclosure has been filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
A promoter reducing stake by nearly 1% in two consecutive days via open market may be viewed as a mild negative signal by retail investors, though the post-sale holding of 3.62% still keeps him meaningfully invested. Watch for any further sales by other members of the promoter group.