The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gaurav Agrawal
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Gaurav Agrawal, a promoter of GTV Engineering Ltd, sold 50,000 equity shares (about 1.60% of the company's voting capital) through the open market on May 9, 2025. After the sale, his holding dropped from 675,908 shares (21.63%) to 625,908 shares (20.03%). The company's total equity share capital remains unchanged at Rs. 3.12 crore, made up of 31,23,888 equity shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
This is a small promoter trim (less than 2% of voting capital) which is routine and not a red flag on its own. Retail investors should watch for any further promoter selling, as repeated open-market exits can be a soft negative signal for stock sentiment.