The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Kumar Patawari
Awaiting price reaction for this filing.
Promoter Ashok Kumar Patawari has sold his entire holding of 68,200 equity shares (0.91%) in Bijoy Hans Ltd through an off-market transaction under a Share Purchase Agreement dated 26 December 2024, executed on 13 August 2025. Post-sale, his holding in the company drops to zero, marking a complete exit by this promoter. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. Interestingly, the filing also shows the company's total equity share capital expanded from 30,00,021 shares (Rs. 3 crore) to 75,00,021 shares (Rs. 7.5 crore), indicating a possible stock split or bonus issue around the same period.
A promoter completely exiting his stake is generally viewed as a mildly negative signal for retail investors, but since the size is small (under 1%), the price impact is likely limited. The off-market nature suggests a pre-arranged buyer, which may provide some stability.