The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sagar Rajesh Jhaveri (HUF)
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Awaiting price reaction for this filing.
Sagar Rajesh Jhaveri (HUF), a non-promoter shareholder, sold 9,25,655 shares (0.15% of total equity) of Kretto Syscon Ltd on May 21, 2025 through the open market. Following this sale, the HUF's stake declined from 11.49% (7.20 crore shares) to 11.34% (7.107 crore shares) of the company. The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, 2011. The total equity share capital of the company is 62,71,92,456 shares and remained unchanged as this was a secondary market sale.
Minor 0.15% stake sale by a non-promoter entity; the impact on stock price is likely negligible given the small size of disposal, and the shareholder continues to hold a meaningful 11.34% stake.