The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Varshaben Akshay Mehta

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-3.3%Reaction day

₹21.10

prior close

₹20.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.7%-2.6% vs market

Gems, Jewellery And Watches peers, median of 35sector-0.2%-3.1% vs sector

On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 3.1 pts less than its Gems, Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

-3.3-0.7-2.6-0.2-3.1

Next day

-0.6-1.0+0.5+0.0-0.6

+0.3-1.4+1.7-0.2+0.5

-1.2-2.4+1.2-1.3+0.1

-4.8-4.5-0.3-1.8-3.0

-3.6-5.3+1.7-1.3-2.3

-1.7-4.3+2.6-0.6-1.1

15d

-1.9-4.6+2.7-3.1+1.2

+9.0-2.2+11.2-1.9+10.9

+23.2-5.6+28.8-3.5+26.7

+60.7-6.6+67.3-10.9+71.6

UpDownMarket · Nifty Microcap 250Sector · Gems, Jewellery And Watches peers, median of 35Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter Varshaben Akshay Mehta has disclosed the sale of 4,30,000 equity shares (2.86% of total share capital) of Bhakti Gems And Jewellery Limited between September 12 and September 19, 2025, through open market and off-market transactions. Her shareholding in the company dropped from 22,16,495 shares (14.74%) to 17,86,495 shares (11.88%). The shares carry a face value of Rs. 10 each, and the company's total equity share capital remains at 1,50,39,518 shares. This is a routine SEBI SAST disclosure filed to report the promoter's stake reduction.

Likely market impact

The sale reduces the promoter's stake by nearly 3%, which is a meaningful reduction in promoter holding but not a controlling stake change. Retail investors may view this as a mildly negative signal as promoter selling can indicate reduced insider confidence, though the motive (personal liquidity, portfolio rebalancing) is not disclosed.