The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjeev Lunkad & PACs
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Sanjeev Lunkad, along with Persons Acting in Concert (Sneha Lunkad and Rushanks S Lunkad), has filed a disclosure under SEBI's Takeover Regulations for acquiring more than 7% of Gujarat Winding Systems Ltd. The acquirer purchased 15,708 equity shares (0.33%) via the open market on 4 March 2026, taking their total holding from 6.76% (328,611 shares) to 7.09% (344,319 shares). The acquirer is not part of the promoter/promoter group, meaning this is a creeping acquisition by a non-promoter entity. The total share capital of the company stands at Rs. 4.85 crore (48,57,900 equity shares of Rs. 10 each).
This is a routine regulatory disclosure triggered by crossing the 7% shareholding threshold, indicating a non-promoter is steadily building a position through open market purchases. For existing shareholders, it signals an external investor is taking a meaningful stake, but since the holding is still below the 10% open offer trigger and the acquirer is not a promoter, the direct price impact is likely limited.