Pursuant to Regulation 7(2) of SEBI (Prohibition od Insider Trading) Regulations, 2015 enclosing the disclosure received by the company from Designated Person of the company in Form C.
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Awaiting price reaction for this filing.
Mr. Bhagwandas Chandak, a Promoter of Sugal & Damani Share Brokers Ltd, acquired 87,092 equity shares off-market on December 22, 2025, for a total value of Rs. 63.12 lakh. Following this acquisition, his shareholding in the company increased from 8,501 shares (0.14%) to 95,593 shares (1.53%). The disclosure was filed under Regulation 7(2) of SEBI's Prohibition of Insider Trading Regulations, 2015, via Form C by the designated person on December 23, 2025.
This is a positive insider signal showing a promoter increasing his personal stake in the company, which may be viewed favorably by retail investors as it reflects promoter confidence. However, the post-acquisition holding of 1.53% is still small, so the direct impact on stock price is likely limited.