The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kundanben Patel & PACs
Awaiting price reaction for this filing.
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.
A minor promoter group offloading of just 0.26% stake; no meaningful change in promoter control and unlikely to materially influence the stock price.