BSEGolkonda Aluminium Extrusions Ltd-$HighNegative
Announced Fri, 5 Sept · 18:50 IST

Disclosure under Regulation 29(2) of SEBI(SAST) Regulation, 2011.

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bosco Armando Menezes and Emily Bosco Menezes (Persons Acting in Concert), who are not part of the promoter/promoter group, sold 79,105 equity shares (about 1.50% of share capital) of Golkonda Aluminium Extrusions Ltd on the Bombay Stock Exchange on 28 August 2025 via an open market sale. Before the sale, their combined holding was 328,000 shares (6.22%); after the sale, it stands at 248,895 shares (4.72%). The total equity share capital of the company remains unchanged at Rs 5,26,95,090, divided into 52,69,509 equity shares of Rs 10 each. The disclosure is filed under SEBI Takeover Regulations to inform the company and the stock exchange.

Likely market impact

This is a relatively small (1.50%) open market sale by non-promoter shareholders, so it is unlikely to have a meaningful impact on the stock price or control of the company. Retail investors need not be concerned about any change in promoter or management control from this transaction.