The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gnanesh Bhagat & PACs
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Promoter Mr. Gnanesh Rajendrabhai Bhagat sold 222,000 shares (1.38% stake) in open market on May 25, 2026. Before the transaction, Mr. Bhagat held 10,705,190 shares (66.78%), which reduced to 10,483,190 shares (65.40%) after the sale. PACs (Angkana Gnanesh Bhagat, Vikram Dahyabhai Bhagat, Hansaben Rajendrabhai Bhagat, Twisha Gnaneshbhai Bhagat) continue to hold 222,000 shares (1.38%). Total promoter holding including PACs decreased from 68.16% to 66.78%. The transaction was conducted in the open market on BSE.
A minor 1.38% stake sale by a major promoter (controlling shareholder with ~65% stake post-transaction) suggests partial profit-taking or portfolio rebalancing. The large promoter holding remains intact, so control structure is unchanged.