The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nivaya Resources Pvt Ltd
GULFPETRO · price
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On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nivaya Resources Pvt. Ltd., part of the promoter group of GP Petroleums Ltd, sold 100,001 equity shares (0.1961% of paid-up capital) via the open market on 6 June 2025. Post-sale, the promoter's holding in the company declined from 2.25% (11,46,897 shares) to 2.05% (10,46,896 shares). The total equity share capital of GP Petroleums stands at 50,984,383 shares. No shares were encumbered or released as part of this transaction.
The promoter entity trimmed its stake by less than 0.2%, a small routine reduction that is unlikely to materially affect the stock price or signal any meaningful shift in promoter sentiment.