The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suresh Gaggar HUF
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Suresh Gaggar HUF, part of the promoter/promoter group of Garnet International Ltd, sold 31,500 shares (0.16% of total equity capital) in the open market on 24 June 2025. Before the sale, the HUF held 36,946 shares (0.19%); after the sale, its holding dropped to 5,446 shares (0.03%). The total equity share capital of the company remains 19,635,000 shares. The transaction was disclosed to BSE under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
This is a small promoter-group trimming of holdings, reducing their stake from 0.19% to just 0.03%. Given the very small size of the sale, it is unlikely to materially affect the stock price, but it signals mild profit-booking by one promoter-group HUF entity.