Announced Fri, 21 Nov · 10:36 IST

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

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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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

Kartik Gaggar, a member of the promoter group of Garnet International Ltd, sold 92,912 equity shares (about 0.47% of total share capital) through open market transactions across two days — 31,000 shares on November 17, 2025 and 61,912 shares on November 18, 2025. His holding fell from 240,097 shares (1.22%) to 147,185 shares (0.75%) after the combined sales. The disclosure was filed under Regulation 29(2) of SEBI's SAST Regulations, 2011. The company has 19,635,000 equity shares outstanding in total.

Likely market impact

A modest trim by a promoter-group member via open market — the size is small, so direct price impact should be limited, but retail investors should watch for any further promoter selling or related corporate actions.