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 Private Limited, a promoter group entity of Ganon Products Ltd, sold 1,50,000 equity shares (1.60% of total equity) through the open market on 26 February 2026. Before the sale, the entity held 15,87,969 shares (16.96%); after the sale, its holding dropped to 14,37,969 shares (15.36%). The shares carry voting rights and were disposed via open market, with no encumbrance or pledged shares involved. The company has 9,33,10,000 total equity shares outstanding, meaning this is a relatively small-cap stock in terms of share base. The disclosure was filed with BSE as required under SAST Regulations, 2011.
This is a modest promoter group sell-off of 1.60% in the open market, indicating some trimming of stake. Holding remains comfortable at 15.36%, so control implications are limited. Retail investors typically monitor such open market sales by promoters as a sentiment signal, though the size here is small relative to the promoter group's residual stake.