The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hitesh Karnawat
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Hitesh Karnawat, a promoter of Shashwat Furnishing Solutions Ltd, sold 24,000 equity shares in the open market on January 12, 2026. This represents a 1.15% reduction in his stake. His shareholding fell from 12,70,350 shares (60.84%) to 12,46,350 shares (59.69%). The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011. The company's total equity share capital remained unchanged at Rs. 2.088 crore divided into 20.88 lakh shares of Rs. 10 each.
A modest promoter sell-down of just over 1% through the open market, likely for personal portfolio rebalancing. Promoter holding remains comfortably above 50% at 59.69%, so control is unaffected and no negative governance signal for shareholders.