Announced Mon, 26 May · 16:58 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satish Digambar Kuber & PACs

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.