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.
Mr. Karan Hitesh Jobalia, classified as a non-promoter shareholder, sold 1,00,000 shares of Ramasigns Industries Ltd through open market transactions on June 9, 2025. His stake dropped from 7,18,395 shares (2.51%) to 6,18,395 shares (2.16%), a reduction of 0.35 percentage points. The company's total equity share capital remains unchanged at 2,85,50,000 shares of Rs. 5 each. The disclosure was filed under SEBI's Takeover Regulations, indicating the shareholding change crossed a reporting threshold. The transaction was executed purely through market trading with no preferential or inter-se transfer involved.
This is a small, routine sale by a non-promoter investor and is unlikely to materially affect the stock price or company control. It may simply reflect minor portfolio rebalancing by a minority shareholder, with no implications for promoter holding or corporate governance.