The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Govind Gadgil & PACs
PNGSREVA · price
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Promoter Govind Vishwanath Gadgil acquired 1,62,000 equity shares (0.51%) of PNGS Reva Diamond Jewellery Limited from the open market on May 14, 2026. This increased his holding from 22.33% to 22.83% of the company's total share capital. The acquisition was made through open market purchase. PACs (Persons Acting in Concert) include Renu Gadgil, Anjali Gadgil, Rohini Kalkundrikar, Satyajit Gadgil, and Parikshit Gadgil. The total share capital of the company remains unchanged at Rs. 31,69,84,000 divided into 3,16,98,400 equity shares of Rs. 10 each.
The promoter is gradually increasing their stake in the company through open market purchases, signaling confidence in the business. However, the current holding of 22.83% remains below the 25% threshold that would trigger an open offer obligation under SEBI SAST regulations.