The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nanvi Hemantsingh Jhala
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Awaiting price reaction for this filing.
Nanvi Hemantsingh Jhala, a member of the promoter group of Pearl Green Clubs and Resorts Limited, sold 24,000 equity shares in the open market on January 9, 2026. The shares represent about 0.90% of the company's paid-up equity capital of 26,77,100 shares (face value Rs. 10 each). Post-sale, the promoter's stake in the company has come down from 5.54% (1,48,400 shares) to 4.65% (1,24,400 shares). The disclosure has been filed under Regulation 29(2) of SEBI's Takeover Regulations to the BSE. No encumbrance or pledged shares were involved in this transaction.
This is a small stake sale by the promoter, reducing their holding further below the 5% mark. Given the modest size of the transaction (under 1% of capital), the immediate impact on the share price is likely limited, but investors should watch for any further promoter selling, which could signal a loss of confidence in the stock.