The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Simple Agarwal
GENUSPAPER · price
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Awaiting price reaction for this filing.
Simple Agarwal, a promoter of Genus Paper & Boards Ltd, sold 18,618 equity shares (0.007% of total share capital) in the open market on 19 August 2025. After the sale, her individual holding stands at 7,73,020 shares (0.301%), down from 7,91,638 shares (0.308%). The total promoter group holding declined marginally from 50.848% to 50.840%, remaining comfortably above the 50% mark. This is a routine small sale by a single member of the promoter family with no impact on overall promoter control.
Negligible impact on shareholders — the sale is too small to affect the stock price, and the promoter group continues to hold over 50% of the company, maintaining full control.