The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kingsman Wealth Management Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 18.2 pts less than Nifty Microcap 250 and 19.4 pts less than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Kingsman Wealth Management Private Limited, a member of the promoter group of Gujjubhai Industries Ltd, bought 26,011 equity shares through the open market on 2nd June 2026. This increased the promoter group's holding from 26,65,451 shares (12.74%) to 26,91,462 shares (12.87%), a rise of 0.12%. The acquisition was disclosed under SEBI's SAST Regulation 29(2). No encumbrance (pledge/lien) was involved in the transaction. The total paid-up equity capital of the company remained Rs. 20.92 crore (2.09 crore shares of Rs. 10 each).
A small promoter-group buy via the open market is generally seen as a confidence signal, though the size of this acquisition (just 0.12%) is marginal and unlikely to move the stock on its own. Investors may view it as a sign of long-term promoter commitment rather than a material change in ownership.