The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kuldeep Kaur
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Awaiting price reaction for this filing.
Kuldeep Kaur, a member of the promoter group of New Swan Multitech Limited, disclosed two open-market share purchases under SEBI SAST Regulation 29(2). On June 17, 2025, she bought 12,000 shares, raising her holding from 12,040 (0.06%) to 24,040 shares (0.12%). The next day, June 18, 2025, she bought another 2,000 shares, bringing her total to 26,040 shares (0.13% of voting capital). Total shares acquired across both transactions: 14,000. The company's total equity share capital remained unchanged at 19,016,240 shares (₹19.01 crore). All acquisitions were through the open market route on BSE.
This is a minor promoter share buy signaling confidence, but the absolute size is negligible (0.13% stake) and unlikely to move the stock price materially. Retail investors should note it as a positive promoter sentiment indicator, though not a significant ownership change.