The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suresh Gaggar
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Awaiting price reaction for this filing.
Promoter Suresh Gaggar sold 133,250 equity shares (0.68% of total share capital) of Garnet International Ltd through open market on 21 November 2025. His holding reduced from 2,199,307 shares (11.20%) to 2,066,057 shares (10.52%) post-sale. The disclosure was filed under SEBI Takeover Regulations, as required for promoter/promoter group share transactions. Total equity share capital of the company stands at 1,96,35,000 shares, unchanged by this transaction.
A small promoter trimming of stake via open market — sale size is modest (0.68%) and he continues to hold over 10%, so no major governance or control implications. Short-term sentiment may see mild pressure, but the open-market nature and small quantum limit the impact on the stock.