The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sagar Rajesh Jhaveri (HUF)
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sagar Rajesh Jhaveri (HUF), a non-promoter entity, sold 20,62,351 equity shares (0.33%) of Kretto Syscon Ltd on 22 May 2025 through the open market. The HUF's holding reduced from 7,10,74,345 shares (11.34%) to 6,90,11,994 shares (11.01%) post-sale. The sale was disclosed under SEBI's SAST Regulation 29(2). The total equity share capital of the company remained unchanged at 62,71,92,456 shares.
This is a small open-market sale by a non-promoter HUF, reducing its stake marginally from 11.34% to 11.01%. Given the modest size of the transaction (0.33%) and that the seller is not part of the promoter group, the impact on the stock price or shareholder sentiment is likely negligible.