The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hitesh Karnawat
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Hitesh Karnawat, a promoter of Shashwat Furnishing Solutions Ltd, sold 7,500 equity shares (0.36% of total share capital) in the open market on December 18, 2025. His holding reduced from 1,303,350 shares (62.42%) to 1,295,850 shares (62.06%). The company is listed on BSE SME with a total equity share capital of Rs. 2.08 crore (20.88 lakh shares of Rs. 10 each). This is a routine disclosure under SEBI's takeover regulations for promoter share sale.
This is a small, incremental promoter sale of less than 0.5% of equity, unlikely to materially affect stock price or control. Promoter remains firmly in control at 62.06% post-sale.