The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bosco Armando Menezes & Emily Bosco Menezes
Awaiting price reaction for this filing.
Bosco Armando Menezes and Emily Bosco Menezes, non-promoter shareholders of Golkonda Aluminium Extrusions Ltd, sold a combined 1,15,866 shares (2.20% of total equity) through open market transactions between 29th August and 2nd September 2025. Bosco Armando Menezes sold 34,895 shares (0.66%) while Emily Bosco Menezes sold 80,971 shares (1.54%). Their combined holding dropped from 4.72% (2,48,895 shares) before the sale to 2.52% (1,33,029 shares) after the sale. The disclosure was filed under SEBI's Takeover Regulations, and the sellers explicitly clarified they do not belong to the promoter/promoter group.
Since the sellers are not promoters and their holding (below 5%) does not approach any takeover regulatory threshold, this sale is unlikely to materially affect stock price or shareholder structure. It represents a routine portfolio realignment by non-promoter individuals with negligible impact on company control.