The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Lalit Kumar Karna
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Awaiting price reaction for this filing.
Lalit Kumar Karnawat, a promoter of Shashwat Furnishing Solutions Ltd, sold 9,000 equity shares on January 6, 2026, through the open market on the BSE SME platform. His stake in the company declined from 3.46% (72,250 shares) to 3.03% (63,250 shares), a reduction of about 0.43 percentage points. The company has a total equity share capital of Rs. 2.088 crore divided into 20.88 lakh equity shares of Rs. 10 each. The disclosure was filed under SEBI's SAST Regulation 29(2) on January 7, 2026.
This is a small promoter sell-off well below the 1% threshold, unlikely to materially affect stock price or investor confidence. Retail investors may note the minor promoter stake reduction but it is not a significant exit.