Submission of Disclosure of SEBI (SAST), Regulations 2011 in sell of Equity Shares.
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Awaiting price reaction for this filing.
Nidhi Granites Limited filed a SEBI SAST Regulation 29(2) disclosure informing the BSE that Kala Diwanji sold 1,78,888 equity shares, representing 2.2361% of the company's share capital, through open market transactions on 11th and 13th June 2025. Prior to this sale, Kala Diwanji held 10,80,000 shares (13.50% of the company), which has now reduced to approximately 9,01,112 shares (about 11.26%). The filing confirms Kala Diwanji does not belong to the promoter or promoter group of the company. The company's total equity share capital remains unchanged at 8,00,00,000 shares.
This is a non-promoter shareholder reducing their stake by selling shares in the open market. Since the seller is not part of the promoter group, it does not signal any change in promoter holding or company control. It may indicate a minor increase in floating supply but is unlikely to materially affect share price.