The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Krishnan C
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Krishnan C, a member of the promoter group of Kuberan Global Edu Solutions Ltd, sold 2,71,429 equity shares (12.89% of total equity capital) on 17th June 2025 through an off-market deal. Before the sale, he held exactly these 2,71,429 shares (12.89%), and after the transaction his aggregate holding in the company stands at NIL. The company's total equity capital comprises 21,06,536 shares of Rs. 10 each. The disclosure has been made under Regulation 29(2) of SEBI's Takeover Regulations, 2011 to BSE.
A promoter group member completely exiting his entire stake is a notable negative signal for retail investors, as it may suggest reduced insider confidence in the company. Off-market sales of this size could also lead to overhang concerns or shift of shares to new holders whose intentions are unclear.