The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kamla Business Ventures Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kamla Business Ventures Private Limited, part of the promoter group of Ganon Products Ltd, sold 1,25,000 equity shares (1.33% of the company) through the open market on 18 February 2026. The transaction was disclosed under Regulation 29(2) of SEBI's Takeover Regulations. After this sale, the promoter's holding in the company stands reduced from 18.29% (17,12,969 shares) to 16.96% (15,87,969 shares). The company has 93,31,000 total equity shares outstanding, and the share capital remains unchanged after the sale.
This is a promoter group stake sale exceeding 1%, which is a negative signal as it indicates the promoter is reducing their holding in the company through open market. Retail investors typically view such promoter selling cautiously, as it may suggest the promoter sees limited upside or wants to monetize their position.