Announced Tue, 21 Jul · 17:16 IST
Promoter Sanjay Kedia raises stake to 45.34 percent via transmission
Promoter Stake BuyPromoter Below 50pctCreeping Acquisition Near ThresholdOwnership Changes View source PDF
Price
▲ 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
-2.7%1-day move
₹69.87
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-2.7-1.3-0.6-2.7——————
Up moveDown movePending
AI summary
Sanjaykumar Kedia, part of the promoter group, acquired 40,82,909 shares (29.37 percent) of Garnet Construction through inter-set transfer (transmission) on 3 June 2026. His holding rose from 15.97 percent to 45.34 percent. No shares are encumbered. Total equity capital stands at Rs 13.90 crore comprising 1.39 crore shares of face value Rs 10 each.
Likely market impact
Promoter holding jumped significantly to 45.34 percent, nearing the 50 percent takeover trigger threshold. Transmission-based acquisition, not open-market buying.