The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vishal Bhatt
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Vishal Vipinbhai Bhatt, a member of the promoter group of Gujjubhai Industries Ltd (formerly Sumuka Agro Industries), purchased 3,536 equity shares through the open market on 5 June 2026. His stake in the company rose marginally from 13.6568% (28,57,108 shares) to 13.6737% (28,60,644 shares), an increase of just 0.0169 percentage points. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, which is triggered when cumulative acquisitions by an existing 5%+ holder cross 2% in a financial year. The paid-up equity share capital of the company remains at Rs. 20,92,08,360 comprising 2,09,20,836 shares of Rs. 10 each.
This is a very small open market purchase by a promoter group member, indicating mild confidence but with negligible impact on ownership structure or stock price. Shareholders should note the promoter group continues to hold above 13.6% but is still well below the 25% takeover trigger threshold.