Announced Tue, 10 Mar · 09:34 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjeev Lunkad & PACs

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sanjeev Lunkad, along with Persons Acting in Concert (PACs) Sneha Lunkad and Rushankss Lunkad, has disclosed an open market acquisition of 15,708 equity shares (0.33%) of Gujarat Winding Systems Ltd on 4 March 2026. This takes their combined holding from 6.76% (3,28,611 shares) to 7.09% (3,44,319 shares), crossing the 7% threshold that triggered this disclosure. The acquirer has confirmed that he does not belong to the promoter or promoter group of the company. The total share capital of the company stands at Rs. 4.85 crore divided into 48,57,900 equity shares of Rs. 10 each. The acquisition was made through the open market route.

Likely market impact

This is a minor open market purchase by a non-promoter entity, so the direct impact on retail shareholders is limited. However, the acquirer is now at 7.09%, creeping closer to the 10% disclosure threshold, and further buying could trigger additional regulatory disclosures or open offer obligations under SEBI Takeover Regulations.