The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Varun Somani & Others
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Awaiting price reaction for this filing.
Varun Somani, part of the promoter group, acquired 500 equity shares (0.20%) of Sarvamangal Mercantile Company Ltd in an off-market transaction on November 20, 2025. His individual holding rose from 32,000 shares (12.85%) to 32,500 shares (13.05%). The total promoter group holding, which includes Vandana Somani, Surendra Somani, Vrinda Somani, Parijat Shipping and Finale Limited, and Meenul Metalizing Pvt. Ltd., increased marginally from 59.80% (1,48,900 shares) to 60.00% (1,49,400 shares). No other promoter group entities changed their holdings, and there were no encumbrance changes.
This is a small, non-material acquisition by the promoter group that reinforces their majority control at 60%. It signals continued promoter confidence but is too minor to materially affect stock price or shareholder dynamics.