Announced Fri, 28 Nov · 10:00 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hitesh Karnawat

Ownership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Hitesh Karnawat sold 6,000 equity shares of Shashwat Furnishing Solutions Ltd (BSE SME, Scrip Code 543519) in the open market on 25 November 2025. His holding dropped from 13,12,350 shares (62.85%) to 13,06,350 shares (62.56%), a reduction of about 0.29 percentage points. The total equity share capital of the company remains unchanged at ₹2.08 crore divided into 20,88,000 equity shares of ₹10 each. This is a routine disclosure filed under SEBI's takeover regulations for promoter share sale.

Likely market impact

Minor promoter trim in a BSE SME-listed, low-liquidity stock; post-sale holding still comfortably above 60%, so no meaningful change in promoter control or any takeover-related concern for shareholders.