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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Promoter Hitesh Karnawat sold 3,000 equity shares of Shashwat Furnishing Solutions Ltd in the open market on January 30, 2026. The sale represents just 0.14% of the company's total share capital. His holding declined marginally from 55.95% (11,68,350 shares) to 55.81% (11,65,350 shares). The company is listed on BSE SME with a total equity share capital of ₹2.088 crore (20,88,000 shares of ₹10 each). The disclosure was filed under SEBI's takeover regulations to report this change in shareholding.
This is a very minor sale with negligible impact on the stock. The promoter continues to hold a strong majority stake above 55%, indicating no change in control or significant reduction in promoter commitment.