BSEGarnet International LtdMediumNeutral
Announced Mon, 30 Jun · 18:04 IST

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

Promoter Stake BuyPromoter 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

Suresh Gaggar, a promoter of Garnet International Ltd, has disclosed the purchase of 10,000 equity shares (0.06% of the company) through the open market on 26 June 2025. His stake has risen from 11.25% (22,09,796 shares) to 11.31% (22,19,796 shares) after the acquisition. The company has a total equity share capital of 1,96,35,000 shares. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which is mandatory for promoters when their shareholding changes.

Likely market impact

This is a small, routine open-market purchase by a promoter, signalling continued confidence in the company. The change is minor and unlikely to have any material impact on the stock price or shareholding structure.