The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhawna Garg
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Bhawna Garg, a member of the promoter/promoter group of Riba Textiles Ltd, has acquired 18,097 equity shares of the company through open market purchase on June 4, 2026. After this acquisition, her holding increased from 6,49,095 shares (6.72%) to 6,67,192 shares (6.91%) of the total equity share capital. The total share capital of the company stands at 96,52,870 equity shares of Rs. 10 each. The disclosure was filed with BSE on June 5, 2026 under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
This is a small incremental open-market purchase by a promoter group member, signaling continued confidence in the company. The acquisition size is marginal (0.19% of share capital) and is unlikely to materially impact the stock price, though it may be viewed positively as a promoter-bullish signal.