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 (BSE SME, Scrip Code: 543519), sold 31,500 equity shares through the open market on 22 January 2026. This reduced his holding from 1,211,850 shares (58.04%) to 1,180,350 shares (56.53%), a drop of 1.51%. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. The company's total share capital remains at Rs. 2.088 crore (20.88 lakh equity shares of Rs. 10 each). Despite the sale, the promoter continues to hold a majority stake above 50%.
A modest open-market sale by a promoter may signal mild bearish sentiment, but the promoter remains in majority control (56.53%), so the impact on shareholder confidence or stock price is likely limited. Retail investors should monitor for any further promoter sell-offs.