The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hitesh Kumar Loonia HUF
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Awaiting price reaction for this filing.
Hitesh Kumar Loonia HUF, a non-promoter shareholder, sold 1,58,02,553 shares (2.461% of the equity share capital) of Growington Ventures India Ltd through open market transactions between 8 October 2025 and 28 November 2025. The HUF's holding dropped from 3,55,02,194 shares (5.529%) to 1,96,99,641 shares (3.068%) after the sale. The total equity share capital of the company remained unchanged at 64,22,15,760 shares. The filing confirms no encumbrance (pledge/lien) activity and the seller does not belong to the promoter or promoter group.
This is a non-promoter, open market sale reducing the HUF's stake in the company. Since the seller is not part of the promoter group, the implications for controlling structure are limited, though a reduction of ~2.46% stake could create some short-term supply pressure on the stock.