The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for BNP Paribas S.A.& PACs
GEOJITFSL · price
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Awaiting price reaction for this filing.
Promoter BNP Paribas S.A. and its Person Acting in Concert (PAC), BNP Paribas India Holding Private Limited, have together sold 5,713,340 equity shares of Geojit Financial Services Ltd on the NSE through open market transactions. BNP Paribas S.A. sold 3,527,415 shares between November 22, 2022 and May 30, 2025, while BNP Paribas India Holding Private Limited sold its entire 2,185,925-share stake between June 2 and June 3, 2025, exiting the company completely. As a result, the combined promoter group holding has dropped from 25.44% (70,996,559 shares) to 24.43% (68,171,634 shares), with BNP Paribas S.A. now being the sole remaining shareholder at 24.43%.
This signals continued promoter dilution and a gradual exit by the foreign promoter BNP Paribas from Geojit, which could weigh on sentiment. Shareholders should note that the promoter has now crossed below the 25% mark, indicating further selling intent; however, no immediate takeover or open offer trigger has been activated.