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
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Kamla Business Ventures Pvt Ltd, part of the promoter group of Ganon Products Ltd, sold 1,50,000 equity shares (1.61%) in the open market on December 10, 2025. Before the sale, the entity held 21,06,000 shares representing 22.57% of the company's equity. After the sale, its holding stands reduced to 19,56,000 shares, or 20.96% of the total share capital of 9,33,10,000 shares. The disclosure was filed with BSE under SEBI's substantial acquisition and takeover regulations on December 12, 2025.
This is a promoter-group sell-off of over 1.5% stake, which retail investors may view as a cautious or negative insider signal. However, the promoter group retains a 20.96% stake, so there is no change in control or any threat to promoter holding thresholds.