The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Mundhra & Naresh Kumar Mundhra
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Manju Mundhra, along with person acting in concert (PAC) Naresh Kumar Mundhra (her son), has disclosed an open market acquisition of 11,93,762 equity shares (0.19%) of Growington Ventures India Ltd on 16 February 2026. Before the acquisition, their combined holding stood at 3,10,54,016 shares (4.83%); after the acquisition, it rose to 3,22,47,778 shares (5.02%), crossing the 5% substantial acquisition threshold. The acquirers have explicitly stated that they do not belong to the promoter or promoter group of the company. The total equity share capital of the company remains Rs 6,42,21,570 comprising 6,42,21,570 equity shares of face value Rs 1 each.
A non-promoter entity family (mother-son) has crossed the 5% shareholding threshold via a small open market purchase. While the acquisition size is modest (0.19%), crossing 5% means further acquisitions above 2% per financial year would require an open offer under takeover rules, which could influence near-term share price action and liquidity.