SIGINDBSESignet Industries LtdLowNeutral
Announced Thu, 5 Mar · 15:48 IST

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

Promoter Stake BuyOwnership Changes View source PDF

SIGIND · 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

Saurabh Sangla, identified as part of the promoter/promoter group of Signet Industries Limited, purchased 350 equity shares from the open market on 2 March 2026. His total holding went from 97,682 shares (0.332%) to 98,032 shares (0.333%) of the company's equity capital. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total equity share capital of the company remains unchanged at 2,94,37,000 shares. There is no change in encumbered shares or voting rights beyond the direct equity holding.

Likely market impact

This is a very small, routine purchase (just 350 shares, 0.001% change) by a promoter and is unlikely to have any meaningful impact on the stock price or shareholder wealth. It signals minor promoter confidence but the size is too small to be a material event.