The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for BNP Paribas S.A.
GEOJITFSL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.1 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
BNP Paribas S.A. and its group entity BNP Paribas India Holding Private Limited, both classified as promoters of Geojit Financial Services, have sold a total of 5,713,340 equity shares (about 2.05% of the company's share capital) on the NSE. BNP Paribas S.A. sold 3,527,415 shares gradually between November 2022 and May 2025, while BNP Paribas India Holding fully exited its 0.78% holding (2,185,925 shares) on June 2-3, 2025. Combined promoter holding has come down from 25.44% to 24.43%. This is a routine SEBI disclosure under Regulation 29(2) of the Takeover Regulations, filed because the group's holdings crossed reporting thresholds.
This is a steady, open-market reduction by a foreign promoter over a long period and is not a one-time block deal. For shareholders, it means slightly more supply on the table from the promoter group, but the overall promoter stake remains healthy at 24.43%. There is no change of control and no mandatory open offer triggered.