The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Niren Chand Suchanti
SIGNPOST · price
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Niren Chand Suchanti, a promoter of Signpost India Limited, sold 11,950 equity shares (about 0.02% of the company's total share capital) through open market transactions on August 18 and 19, 2025. Before the sale, he held 13,950 shares (0.02%); after the sale, his holding reduced to just 2,000 shares (effectively 0.00%). The disclosure was filed under SEBI's Takeover Regulations (Regulation 29(2)) to report the change in his substantial shareholding.
The transaction is very small in size and is unlikely to have any material impact on the stock price or shareholder structure. It appears to be a minor trimming of a negligible personal holding by an individual promoter, not a meaningful change in promoter ownership.