The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mukesh Sangla
SIGIND · price
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Awaiting price reaction for this filing.
Mukesh Sangla, part of the promoter/promoter group of Signet Industries, bought 36,859 equity shares from the open market on 24 February 2026. This raises his stake from 10,71,321 shares (3.64%) to 11,08,180 shares (3.76%) of the company. The purchase was a small, incremental buy (0.12% increase) in the open market. Total equity share capital of the company remains 2,94,37,000 shares.
A promoter buying shares from the open market is generally seen as a confidence signal from someone closely familiar with the business, though the increase here is small and not large enough on its own to move the share price meaningfully.