BSEGagan Gases LtdMediumNegative
Announced Mon, 6 Apr · 16:29 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ankit Vij

Promoter Below 50pctOwnership Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-9.7%1-day move
₹20.51
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-9.7-14.2-18.5-22.5-18.8-30.2-31.7-38.1+3.8-0.6
Up moveDown movePending
AI summary

Mr. Ankit Vij, a member of the Promoter Group of Gagan Gases Ltd, sold 11,265 equity shares (0.25% of paid-up capital) in an open market transaction. Following the sale, his holding reduced significantly from 16,845 shares (~0.37%) to just 5,610 shares (0.12%) of the company's total equity share capital of 4,518,500 shares of Rs. 10 each. The disclosure was filed on April 6, 2026, pursuant to SEBI SAST Regulations, 2011.

Likely market impact

This represents a further reduction in promoter holding, with the promoter group now holding a very small stake of just 0.12%. The open market sale may indicate lack of confidence or portfolio rebalancing by the seller, which could be viewed negatively by investors.