Non-promoter Sanjeev Lunkad sells 0.91% stake, holding falls below 13%
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On the reaction day the stock moved 5.2 pts more than Nifty Microcap 250 and 5.0 pts more than its Paper & Paper Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sanjeev Lunkad along with PACs (Sneha Lunkad, Rushankss Lunkad, Riddhi Lunkad, Snehi Jeev Ventures) sold 44,100 equity shares (0.91%) of Gujarat Winding Systems in the open market on 25 August 2026. Post-sale combined holding fell from 13.03% (6,32,994 shares) to 12.12% (5,88,894 shares), crossing below the 13% SAST disclosure threshold. The acquirer is confirmed as NOT part of the promoter group. Total equity capital of the company stands at about Rs 4.86 crore.
Non-promoter sell-down of about 0.91% with holding now below 13%; minor direct price impact expected.