The Exchange has received the disclosure under Regulation 29(1) / 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Balasubramanian Raman
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Balasubramanian Raman, a member of the promoter group of Gautam Exim Limited (BSE-SME, Scrip Code 540613), has disclosed the sale of his entire holding of 11,68,650 equity shares, representing 37.93% of the company's total paid-up equity capital. The transaction was carried out off-market on May 27, 2025. Before the sale, he held 11,68,650 shares (37.93%); after the sale, his holding stands at 0 shares (0.00%). The company has a small equity base of Rs. 3.08 crore divided into 30,81,000 shares of Rs. 10 each, listed on the BSE-SME platform.
This is a complete exit by a promoter in a small SME-listed company, which is a major event. Shareholders should brace for potential price volatility and uncertainty about the new controlling stakeholder, as a 37.93% change in ownership via off-market route is significant for a company of this size.