Sanginita Industries LLP has submitted to the Exchange a copy of Disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011.
SANGINITA · price
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Awaiting price reaction for this filing.
Sanginita Industries LLP and Dineshsinh B. Chavada (part of the promoter and promoter group) sold a total of 330,000 equity shares of Sanginita Chemicals Limited through open market transactions on 24th and 25th February 2026. This represents 1.28% of the company's total share capital, comprising 160,000 shares (0.62%) by Sanginita Industries LLP and 170,000 shares (0.66%) by Dineshsinh B. Chavada. After the sale, the combined promoter group holding stands at 65,78,994 equity shares, or 25.40% of voting rights. The total equity capital of the company remains Rs. 25.90 crore divided into 2,59,01,550 shares of Rs. 10 each.
The promoter group trimming its stake by 1.28% in the open market is a mild negative signal for retail investors, as it indicates insiders reducing exposure. However, the promoter group still holds a meaningful 25.40% stake, so the company retains significant promoter skin in the game.