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
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Kingsman Wealth Management Pvt Ltd, a member of the promoter group of Gujjubhai Industries Ltd, has filed a revised disclosure to correct an error in its earlier submission dated 8 June 2026. The entity acquired 28,814 equity shares (0.1377%) via open market purchase on 8 June 2026, taking its total holding from 26,91,462 shares (12.8650%) to 27,20,276 shares (13.0027%). The earlier filing had incorrectly reported the post-acquisition holding as 26,62,648 shares, which has now been corrected. The total paid-up equity capital of the company remains unchanged at Rs. 20.92 crore (2,09,20,836 shares of Rs. 10 each).
This is a minor creeping acquisition by a promoter group entity, with no change in total share capital. The correction is administrative and unlikely to materially affect the stock price, though it does signal continued promoter group buying in the open market.