The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hitesh Surendrakumar Loonia & Others

Ownership Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.6%Reaction day

₹1.62

prior close

₹1.61

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%+1.7% vs market

Trading & Distributors peers, median of 128sector-0.3%+0.9% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Microcap 250 and 0.9 pts more than its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.6-1.0+1.7-0.3+0.9

Next day

+1.9-3.1+5.0-0.5+2.3

-0.6-4.0+3.3-1.0+0.4

-3.7-4.3+0.6-1.6-2.1

-1.9-3.0+1.1-1.6-0.2

-8.0-1.7-6.3-0.2-7.8

-3.7-2.3-1.4-1.0-2.7

15d

-7.4-2.3-5.1-2.2-5.2

-4.3-0.7-3.6-2.0-2.3

-30.2-4.1-26.1-7.3-23.0

-49.4-6.3-43.1-12.2-37.2

UpDownMarket · Nifty Microcap 250Sector · Trading & Distributors peers, median of 128Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hitesh Surendrakumar Loonia along with Hitesh Kumar Loonia HUF sold 1,33,08,414 equity shares (2.072% of total share capital) of Growington Ventures India Ltd through open market between 17 July 2025 and 5 August 2025. Their combined holding dropped from 6,85,00,000 shares (10.667%) to 5,51,91,586 shares (8.595%) after the sale. The disclosure clearly states the sellers do not belong to the promoter or promoter group, making this a non-promoter shareholder transaction. The filing has been made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Likely market impact

A non-promoter substantial shareholder has trimmed holdings by over 2%, taking their stake below the 10% disclosure threshold. This could create mild short-term sentiment pressure on the stock, though no promoter or pledge-related concerns are involved.