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 member of the promoter group of Croissance Ltd, has sold 5,17,038 equity shares (face value Rs. 1) on December 3 and 4, 2025. The sale represents 0.75% of the company's paid-up equity capital. His holding has reduced from 39,42,406 shares (5.75%) to 34,25,368 shares (4.99%). The total equity share capital of the company stands at 6,85,48,000 shares. The disclosure was submitted to BSE on December 8, 2025.
The promoter's personal stake has dropped just below the key 5% disclosure threshold to 4.99%. While not a major event on its own, continued selling by the promoter group could be a sentiment negative for the stock. Investors should monitor further disclosures to track the overall promoter group holding.