The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sucheta Dhruvkumar Jani
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sucheta Dhruvkumar Jani, part of the promoter/promoter group of Global Longlife Hospital and Research Ltd (BSE: 543520), sold 4,07,000 equity shares in the open market between December 23 and December 24, 2025. This represents 3.88% of the company's total share and voting capital. Her holding dropped from 6.29% (6,60,000 shares) to 2.41% (2,53,000 shares) after the sale. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which is triggered when a promoter or major shareholder crosses the 2% creeping acquisition/sale threshold. The total equity share capital remains Rs. 10.5 crore (1.05 crore shares of Rs. 10 each).
This is a notable promoter exit, reducing her stake by more than half (from 6.29% to 2.41%) in just two trading sessions. Retail investors may view this as a negative signal, as significant open-market selling by a promoter can weigh on short-term sentiment and raise concerns about insider outlook on the stock.