BSECastora Agri Commodities LtdHighNegative
Announced Thu, 20 Nov · 09:21 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kundanben Patel & PACs

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mrs. Kundanben Bhaveshbhai Patel, part of the promoter group, along with persons acting in concert (PACs), sold 12,705 shares (about 0.26% of equity) of Gopal Iron & Steels Company (Gujarat) Limited (BSE scrip 531913) through the open market on November 17, 2025. Her combined holding with PACs dropped from 10.79% (5,30,369 shares) to 10.53% (5,17,664 shares) of the company's paid-up capital. The company's total equity stands at ₹4.91 crore consisting of 49,17,100 shares of ₹10 each. The disclosure was filed by the seller herself on November 18, 2025, to comply with SEBI takeover regulations.

Likely market impact

A minor promoter group offloading of just 0.26% stake; no meaningful change in promoter control and unlikely to materially influence the stock price.