The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajiv Kotia
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Awaiting price reaction for this filing.
Promoter Rajiv Kotia has sold 50,166 shares (0.27%) of Sungold Capital Limited in the open market, bringing his holding down from 11.64% (2,142,000 shares) to 11.37% (2,091,834 shares). The shares were sold on October 28 and 29, 2025, pursuant to SEBI Order WTM/AN/IVD/105/31713/2025-26 dated October 8, 2025, suggesting this was a regulatory-directed disposal rather than a voluntary trade. The company's total share capital remains unchanged at Rs 18.40 crore (1.84 crore equity shares of Rs 10 each). The filing is a routine SAST disclosure by the promoter to BSE.
This is a small, SEBI-directed disposal of only 0.27% of promoter's stake and is unlikely to materially impact the stock price. It signals regulatory oversight on the promoter but involves a minor change in ownership.