The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Karan Jobalia
Awaiting price reaction for this filing.
Karan Hitesh Jobalia, a non-promoter shareholder of Ramasigns Industries Ltd, sold 40,000 equity shares (0.14% of total share capital) through the open market on June 6, 2025. His holding in the company decreased from 7,58,395 shares (2.65%) to 7,18,395 shares (2.51%) after the sale. The transaction was carried out on the Bombay Stock Exchange. The filing was made under Regulation 29(2) of SEBI's Takeover Regulations, which requires disclosure when a shareholder's holding crosses or falls below certain thresholds. The total share capital of the company remained unchanged at 2,85,50,000 equity shares of Rs. 5 each.
This is a minor stake sale by a non-promoter shareholder with negligible impact on the company's ownership structure or stock price. Retail investors need not be concerned as the seller is not part of the promoter group.