The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jagruti Synthetics Pvt Ltd
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Jagruti Synthetics Pvt Ltd, part of the promoter group of Kamadgiri Fashion Limited, has filed a disclosure under SEBI's SAST (Takeover) Regulations. The entity's holding in the company decreased from 2,62,329 shares (4.47%) to 2,09,458 shares (3.57%), indicating a sale of 52,871 shares (0.90% of share capital) through the open market on 5th March 2026. The total equity share capital of Kamadgiri Fashion remains Rs. 5,86,93,710 divided into 58,69,371 shares of Rs. 10 each. The promoter group entity has trimmed its stake in the company.
A promoter group entity has reduced its stake by 0.90% via open market sale, which may be viewed as a mild negative signal by investors, though the quantum is small and does not approach regulatory thresholds.