Submission of Disclosure of Regulation 29(2) of SEBi SAST for sell of shares from Kala Diwanji.
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Awaiting price reaction for this filing.
Kala Diwanji, a non-promoter shareholder of Nidhi Granites Ltd, sold 1,77,519 shares (2.22% of the company's equity) through open market transactions between 17th June 2025 and 10th July 2025. Before the sale, she held 9,01,112 shares (11.26%), and after the sale her holding stands reduced to 7,23,593 shares (9.05%). The sale was carried out on the BSE in multiple tranches across several trading days. Kala Diwanji has been explicitly identified as not belonging to the promoter or promoter group of the company.
Since the seller is a non-promoter retail/public category shareholder, this is a routine open-market stake reduction with no impact on promoter holdings or control of the company. Shareholders need not be concerned about any change in management or control.