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
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BNP Paribas S.A., classified as part of the promoter group of Geojit Financial Services, sold 5,789,000 equity shares (2.07% of paid-up capital) on the NSE between June 4 and July 29, 2025, via open market transactions. Its holding dropped from 68,171,634 shares (24.43%) to 62,382,634 shares (22.36% of total, 22.25% on a diluted basis). BNP Paribas India Holding Private Limited was identified as a Person Acting in Concert in this transaction. The share capital of Geojit remained unchanged at 27.90 crore equity shares of ₹1 each.
Promoter selling a sizable 2%+ block over two months signals continued promoter exit, which may weigh on sentiment and raise concerns over future ownership changes; however, BNP Paribas retains a significant 22.36% stake so control is not at immediate risk.