The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aasha Devi Goenka
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Promoter Aasha Devi Goenka sold 45,000 equity shares (0.77% of total capital) of Kamadgiri Fashion Ltd through open market transactions on 21st May 2026. Prior to the sale, she held 54,000 shares (0.92% of the company's total share capital of 58,69,371 shares). After the sale, her holding reduced significantly to just 9,000 shares (0.15%). This represents a substantial reduction in promoter stake from nearly 1% to just 0.15%.
A notable reduction in promoter holding from 0.92% to 0.15% could signal reduced promoter confidence in the company. The sale was executed in the open market, meaning it was a voluntary disposal by a promoter group member.