BSECroissance LtdHighNegative
Announced Mon, 29 Dec · 13:07 IST

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

Promoter Stake Sell 1pctOwnership 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 Bahri, a promoter of Croissance Ltd, sold 9,70,164 equity shares (face value Rs. 1) through the open market between 19 December 2025 and 24 December 2025. This represents 1.42% of the company's total share capital. As a result, his holding in the company has come down from 24,79,463 shares (3.62%) to 15,09,299 shares (2.20%). The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, with BSE. The total equity share capital of the company remains unchanged at 6,85,48,000 shares.

Likely market impact

This is a notable promoter sale of over 1% of the company's equity in just six trading sessions, which may be viewed negatively by retail investors as it signals the promoter reducing exposure. Watch for follow-up disclosures to see if further selling occurs, as cumulative promoter exits can pressure the stock price.