The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jigar Sheth
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Promoter Jigar Vinodbhai Sheth has sold 25,500 equity shares of Gconnect Logitech and Supply Chain Ltd on 23 July 2025 through the open market. The sale represents 0.69% of the company's total share/voting capital. His holding reduced from 10,19,547 shares (27.41%) to 9,94,047 shares (26.72%). The total equity share capital of the company stands at 3,71,95,470 shares, unchanged by this transaction. This is a routine SAST disclosure filed under Regulation 29(2) for changes in promoter shareholding.
This is a small, incremental open-market sale by an individual promoter, trimming his stake from 27.41% to 26.72%. It reflects modest profit-booking or rebalancing rather than any meaningful shift in promoter control, and is unlikely to materially affect the stock price or shareholder sentiment.