The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harkirat Singh Ryait & PACs
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Harkirat Singh Ryait, part of the promoter group of GS Auto International Ltd, purchased 5,000 equity shares (0.03% of total capital) through the open market on March 20, 2026. This was his first direct holding in the company, as he held NIL shares before this acquisition. The total promoter and PAC group holding increased marginally from 41.71% to 41.74% of the company's equity share capital (60,53,540 to 60,58,540 shares). The acquisition was made at a very small scale and does not significantly alter the overall promoter shareholding structure. GJ Holdings Private Limited remains the single largest entity within the promoter group at 30.10%.
This is a very small, symbolic purchase by an individual promoter who previously held no direct shares. The marginal 0.03% increase in total promoter holding is unlikely to have any meaningful impact on the stock price or shareholder perception.