The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashok Kumar Patawari
Awaiting price reaction for this filing.
Ashok Kumar Patawari, part of the promoter group of Bijoy Hans Ltd, has sold his entire holding of 68,200 equity shares (0.91% of the company's share capital) through an off-market transaction on 13th August 2025. This transaction was executed under a Share Purchase Agreement originally dated 26th December 2024. Before the sale, he held 68,200 shares (0.91%); after the sale, his holding stands at zero. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. The company has an equity share capital of Rs. 7.50 crore divided into 75,00,021 equity shares of Rs. 10 each.
This represents a complete exit by one promoter from Bijoy Hans Ltd. While the stake size is small (under 1%), it signals a promoter group member stepping away entirely, which retail investors may view as a mild negative signal about insider confidence. The transaction was pre-agreed via SPA, so it does not reflect sudden market action.