The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Krishnachandran C
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Krishnachandran C, part of the promoter group of Kuberan Global Edu Solutions Ltd, sold 147 equity shares (0.01% of total share capital) through an off-market transaction on 9 June 2025. After this sale, his aggregate holding in the company has come down to NIL, meaning he has completely exited his position. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The company's total equity share capital remains at 21,06,536 shares (Rs. 10 each), unchanged by this transaction.
While the number of shares involved is negligible (just 147 shares), the fact that a promoter group member has completely exited his holding is noteworthy for retail investors, as it may signal a broader shift in promoter group composition or sentiment. However, the tiny volume suggests this is more of a personal exit by an individual promoter group member rather than a meaningful change in company ownership.