The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Manmeet Kaur
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Manmeet Kaur, a promoter of New Swan Multitech Limited, has disclosed the purchase of 2,000 equity shares (0.01% of total share capital) through the open market on June 17, 2025. This is a disclosure under Regulation 29(2) of SEBI's Takeover Regulations. Prior to this acquisition, she held 8,040 shares (0.04%); post-acquisition, her holding stands at 10,040 shares (0.05%). The total equity share capital of the company remains unchanged at 19,016,240 shares. The acquisition was carried out on the BSE platform.
The transaction is very small in size (0.01% of the company) and is unlikely to have any meaningful impact on the stock price. It signals minor promoter confidence but does not indicate any significant change in control or ownership structure.