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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Nivaya Resources Pvt Ltd, part of the promoter group, sold 72,001 shares (0.14% of total capital) of GP Petroleums Ltd through open market on June 9, 2025. The promoter group's holding fell from 2.05% (10,46,896 shares) to 1.91% (9,74,895 shares) after the sale. The transaction is small in size and was disclosed under SEBI SAST Regulation 29(2). The total equity share capital of the company stands at 50,98,4383 shares, unchanged by this transaction.
Very minor impact for shareholders — the sale is small (under 0.15%) and the promoter group's stake remains close to 2%, suggesting no significant change in promoter confidence or control. Retail investors should not read this as a major exit signal.