The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satish Digambar Kuber & PACs
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Satish Digambar Kuber, part of the promoter group of PNGS Gargi Fashion Jewellery Ltd, sold 1,250 equity shares in the open market on BSE on May 26, 2025. The sale trimmed his personal holding from 71,588 shares (0.69%) to 70,338 shares (0.68%) of the company's total equity capital of about Rs. 10.36 crore (1.03 crore shares of Rs. 10 each). The transaction value was approximately Rs. 1.25 lakh. The disclosure has been made under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, likely because cumulative promoter-group sale activity is approaching a regulatory threshold for the financial year.
Negligible impact on the stock or broader shareholder base — the sale represents just 0.01% of total share capital and is routine individual portfolio activity by one promoter-group member.