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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Hemant Bahri, a promoter of Croissance Limited, has disclosed the sale of 12,70,000 equity shares (face value Rs. 1) on 17 November and 18 November 2025 through open market transactions. Before the sale, he held 75,20,000 shares representing 10.97% of the company's equity. After the sale, his holding has come down to 62,50,000 shares, or 9.12% of the share capital. The transaction is a straightforward open market disposal reducing the promoter's stake by about 1.85 percentage points.
This is a noteworthy promoter exit that reduces the promoter group's overall stake and may put short-term pressure on the stock. With the promoter's holding now around 9.12%, retail investors should watch for further disclosures and any sustained slide in promoter ownership.