The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Abha Santoshkumar Saraswat
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Abha Santoshkumar Saraswat, Company Secretary & Compliance Officer of Yug Decor Ltd, sold 17,250 shares (face value Rs. 10 each) of the company on the BSE SME platform. Her shareholding in the company dropped marginally from 12.24% to 12.12%, a reduction of 0.12 percentage points. The company's total equity share capital stands at Rs. 10.79 crore (1,07,89,269 shares of Rs. 10 each). The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, in the prescribed format.
This is a small, routine disposal of shares by an insider/key managerial personnel with only a 0.12% reduction in her stake; the impact on the stock price or shareholder base is negligible.