The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Girish Gulati HUF
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Girish Gulati (HUF), classified as a non-promoter shareholder, sold 3,750 equity shares (0.05% of total capital) of Kalyani Cast-Tech Ltd in the open market on 20 March 2026. This trimmed their holding from 5.05% (3,62,250 shares) to 4.99% (3,58,500 shares), taking them just under the 5% SAST disclosure threshold. The company's total equity share capital remains 71,80,500 shares. The disclosure has been filed under Regulation 29(2) of SEBI's SAST Regulations, 2011, as required when a non-promoter shareholder's holding falls below 5%.
The sale is tiny (just 0.05% of equity) so direct price impact is minimal. Strategically, by slipping below 5%, the HUF has exited the bracket that triggers ongoing SAST disclosure obligations for incremental changes in holding.