BSECroissance LtdHighNegative
Announced Mon, 1 Dec · 12:51 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 1pctPromoter Below 50pctOwnership 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, belonging to the promoter category of Croissance Limited, sold 11,07,594 equity shares (face value Rs. 1) in the open market — 7,594 shares on 27 November 2025 and 11,00,000 shares on 28 November 2025. Following this sale, his holding in the company dropped from approximately 7.37% to 5.75% of the equity share capital, a reduction of about 1.62 percentage points. The company's total equity share capital stands at 16,85,48,000 shares. The disclosure has been filed with BSE as required under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.

Likely market impact

A promoter reducing stake by over 1.5 percentage points in just two days is a noteworthy signal and may be viewed negatively by retail investors, as it indicates the insider is lowering personal exposure to the stock.