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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Nivaya Resources Pvt Ltd, part of the promoter group of GP Petroleums Ltd, sold 51,000 equity shares (0.10% of total share capital) through the open market on 04 June 2025. Before the sale, the entity held 12,78,897 shares (2.51%); after the sale, its holding stands at 12,27,897 shares (2.41%). No encumbrances or convertible instruments were involved, and the total share capital of the company remains unchanged at 50,984,383 shares.
This is a small, routine open-market sale by a promoter group entity and is unlikely to materially affect the stock price or shareholder sentiment. Promoter group holding has only marginally dipped from 2.51% to 2.41%, remaining well above any regulatory trigger threshold.