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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Awaiting price reaction for this filing.
Hitesh Karnawat, a Promoter of Shashwat Furnishing Solutions Ltd, sold 6,000 equity shares (0.29%) in the open market on January 28, 2026. Before the sale, he held 11,80,350 shares (56.53%); after the sale, his holding stands at 11,74,350 shares (56.24%). The company is listed on the BSE SME platform with total equity capital of Rs. 2.088 crore (20,88,000 shares of Rs. 10 each). The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
This is a very small sale by the promoter and has negligible impact on his overall stake, which remains well above 50%. Retail investors should not read this as a major negative signal, though any continued promoter selling would be worth monitoring.