BSEGarnet International LtdMediumNeutral
Announced Fri, 21 Nov · 10:37 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Indira Gaggar

Promoter Below 50pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Indira Gaggar sold 65,610 shares of Garnet International Ltd (about 0.33% of total equity capital) through the open market on 20 November 2025. Her holding declined from 2,137,337 shares (10.88%) to 2,071,727 shares (10.55%) of the company. The total equity share capital of the company stands at 19,635,000 shares, and the disclosure was filed under SEBI's substantial acquisition and takeover regulations.

Likely market impact

The sale is small in size (0.33% of capital) and the promoter remains a substantial shareholder at 10.55%, so the impact on shareholders is limited. It is a routine open-market trimming and is unlikely to materially affect the stock price or signal any change in promoter confidence.