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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Awaiting price reaction for this filing.
Satish Digambar Kuber, a member of the promoter group of PNGS Gargi Fashion Jewellery Ltd, sold 1,250 equity shares in the open market on May 26, 2025. Before the sale, he held 71,588 shares (0.69% of voting capital); after the sale, his holding reduced to 70,338 shares (0.68%). The transaction represents just 0.01% of the company's total share capital of ₹10.35 crore divided into 1.03 crore equity shares of ₹10 each. The disclosure was filed along with other Persons Acting in Concert (PACs) including Aditya Amit Modak, Rohini Kalkundrikar, Amit Yeshwant Modak, and others, though only Kuber's sale is detailed here.
The sale is extremely small (0.01% of equity) and unlikely to have any material impact on the stock price or shareholder value. It is a routine regulatory disclosure by a minor promoter-group holder, signaling no significant change in promoter control or confidence.