The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manju Mundhra
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Non-promoter acquirer Manju Mundhra, along with Person Acting in Concert (PAC) Naresh Kumar Mundhra, has filed a revised SAST disclosure for open-market share transactions done on 26 February 2026. Manju Mundhra bought 1,10,00,000 equity shares (1.71% of the company) through the open market, while Naresh Kumar Mundhra sold 10,00,000 shares (0.15%). As a result, the combined holding of the acquirer and PAC rose from 4.17% to 5.73% of Growington Ventures' equity share capital, crossing the 5% substantial acquisition disclosure threshold. The acquirers are not part of the promoter or promoter group. The company's total equity share capital is around Rs 6.42 crore, divided into shares of Rs 1 face value.
A non-promoter entity crossing the 5% shareholding mark is a notable development for retail investors, as it signals a new active shareholder taking a meaningful stake. This may affect trading sentiment, but since the acquirer is not a promoter, it does not indicate a change in management control.