The Exchange has received the disclosure under Regulation 29(1) 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 of Kretto Syscon Ltd, has sold 5,00,000 equity shares (0.08% of total share capital) through open market on 29 May 2025. Prior to the sale, the HUF held 6,34,60,470 shares (10.11%); after the sale, its holding stands at 6,29,60,470 shares (10.03%). The disclosure is filed under Regulation 29(1) of SEBI Takeover Regulations. The filer has confirmed it does not belong to the promoter or promoter group.
This is a very small reduction in stake (just 0.08%) by a non-promoter entity, and is unlikely to have any meaningful impact on the stock price or shareholder sentiment.