Announced Tue, 17 Jun · 16:37 IST
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nivaya Resources Pvt Ltd
Ownership Changes View source PDF
GULFPETRO · price
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Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Nivaya Resources Pvt Ltd, part of the promoter/promoter group of GP Petroleums Ltd, sold 32,000 shares (0.0628% of equity) through the open market on June 12, 2025. Before the sale the entity held 793,895 shares (1.56%); after the sale its holding stands at 761,895 shares (1.49%). The company's total equity share capital is 5.09 crore shares. The transaction was small in size, with no encumbrance or pledge activity involved.
Likely market impact
Minor trimming of stake by a promoter group entity; immaterial to overall promoter holding and unlikely to materially affect the share price.