The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kanishka Sethia
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Kanishka Sethia, Promoter, Wholetime Director, CEO and CFO of Western Carriers (India) Ltd, has disclosed the acquisition of 1,00,000 equity shares (face value Rs. 5 each) on September 5, 2025, through the open market. This purchase represents 0.098% of the company's paid-up capital, taking his individual holding from 4,920 shares (0.005%) to 1,04,920 shares (0.103%). The disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, with both BSE and NSE. The total equity share capital of the company stands at 1,01,95,213 shares.
A promoter-led open market purchase is generally viewed as a confidence signal by the market, though the size is quite small (under 0.1%) and is unlikely to materially move the stock price on its own.