The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kanwardeep Singh
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Kanwardeep Singh, a promoter of New Swan Multitech Limited, disclosed an open-market purchase of 6,000 equity shares on June 17, 2025. The acquisition represents 0.03% of the company's total share capital. Before the purchase, the promoter held just 40 shares (0.0002%); after the transaction, his holding stands at 6,040 shares (0.03%). The buy was executed on the BSE through normal market trading, with the company's total equity capital remaining at 1,90,16,240 shares (Rs. 19,01,62,400).
This is a small, confidence-signalling purchase by a promoter, but the absolute stake remains negligible at 0.03%, so it is unlikely to move the share price or materially affect the promoter group's control.