The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Maninder Singh
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Maninder Singh, a member of the promoter group of G N A Axles Ltd, acquired 2,25,000 equity shares on 01 January 2026, raising his individual holding from 10.60% (45,42,426 shares) to 11.12% (47,74,426 shares). The increase represents a 0.52 percentage point rise in his shareholding. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was carried out through a market purchase, and there is no change in the total share/voting capital of the company.
A promoter group member increasing his stake is generally viewed as a positive confidence signal by retail investors, though the incremental change of 0.52% is small and does not cross any major regulatory threshold.