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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Awaiting price reaction for this filing.
Kamla Business Ventures Pvt Ltd, part of the promoter/promoter group of Ganon Products Ltd, sold 1,50,000 equity shares (1.60% of share capital) through an open market transaction on 26 December 2025. After this sale, the entity's holding in Ganon Products reduced from 18,56,000 shares (19.89%) to 17,12,969 shares (18.29%). The disclosure has been made under Regulation 29(2) of SEBI Takeover Regulations, which is triggered because the promoter group's sale crossed the 1% reporting threshold in a financial year.
This is a routine promoter-group offloading of a small stake and is unlikely to have a material impact on the stock price. It may be interpreted as a mild negative signal since a promoter-group entity is reducing its holdings, but the quantum is small and the overall promoter stake remains comfortably above any takeover threshold.