The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kausha Rushit Patel & PACs
Awaiting price reaction for this filing.
Mrs. Kausha Rushit Patel, along with persons acting in concert (PACs), sold 7,100 equity shares (0.14%) of Gopal Iron & Steels Company (Gujarat) Limited in the open market on 18 November 2025. As part of the promoter/promoter group, her collective holding came down from 5,17,664 shares (10.53%) to 5,10,564 shares (10.38%) of the company's voting capital. The total equity share capital of the target company stands at 49,17,100 shares of Rs. 10 each, amounting to Rs. 4.92 crore. The transaction was disclosed under Regulation 29(2) of SEBI's Takeover Regulations, 2011.
This is a very small promoter offload (just 0.14% of equity) and is unlikely to have a meaningful impact on the stock price or investor sentiment. The promoter group continues to hold a notable 10.38% stake, signalling ongoing skin in the game.