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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Suresh Gaggar, part of the promoter group of Garnet International Ltd, has acquired 6,596 equity shares (0.04%) through open market purchase on 10.06.2025. This increases his holding from 2,164,325 shares (11.02%) to 2,170,921 shares (11.06%) of the company. The total equity share capital of the company remains 1,96,35,000 shares. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
This is a small incremental purchase by a promoter, signaling continued confidence in the company. The minimal size (0.04%) means no meaningful change in promoter ownership or control; likely a neutral-to-slightly-positive sentiment signal for retail investors.