Announced Wed, 18 Jun · 16:53 IST
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kartik Gaggar
Price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Kartik Gaggar, a member of the promoter group of Garnet International Ltd, purchased 23,000 equity shares (0.11%) through open market on 18.06.2025. His stake increased from 1.99% (199,749 shares) to 2.22% (222,749 shares). The transaction was disclosed under SEBI's SAST Regulations. The total equity share capital of the company is 19,635,000 shares.
Likely market impact
This is a small open-market purchase by a promoter, signaling confidence in the company. The stake remains very low at 2.22%, so it has minimal impact on shareholding pattern or stock price.