The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Govind Vishwanath Gadgil & Renu Govind Gadgil & PACs
PNGSREVA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
PNGS Reva Diamond Jewellery Ltd's promoters — Govind Vishwanath Gadgil and Renu Govind Gadgil (along with their Persons Acting in Concert) — filed SEBI Regulation 29(2) disclosures for open market share purchases made on March 11, 2026. Govind acquired 31,669 equity shares, raising his individual holding from 22.00% to 22.10%. Renu acquired 3,000 equity shares, with a similar ~0.10% increase in her holding percentage. The total equity share capital of the company remains 3,16,98,400 shares of Rs. 10 each (Rs. 31.70 crore). The mode of acquisition in both cases is the open market, and the disclosures include the listed names of all PACs (Anjali Gadgil, Rohini Kalkundrikar, Satyajit Gadgil, Parikshit Gadgil, Jyoti Paranjape, among others).
Promoter buying from the open market is generally seen as a confidence signal, suggesting insiders view the stock as fairly or attractively valued. However, the purchase sizes are very small (under 0.10% each), so the immediate market impact is likely limited, though the disclosure is incrementally positive for sentiment.