Shareholding21 Jul 2026, 05:21 pm
Sanjaykumar Kedia Discloses Shareholding Change in Garnet Construction
AI Summary
Garnet Construction Ltd has filed a disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertaining to Sanjaykumar Kedia. The filing details an inter-se transfer (transmission) of 40,82,909 shares, representing 29.37% of the total share capital, from Kishan Kedia to Sanjaykumar Kedia. This transaction, valued at ₹13,90,22,000, results in Sanjaykumar Kedia's shareholding increasing from 15.97% to 45.34% post-transaction. The acquisition was made in reliance upon the exemption provided under Regulation 10(6) of the SEBI (SAST) Regulations, 2011.
Key Highlights
- Sanjaykumar Kedia acquired 40,82,909 shares in Garnet Construction Ltd.
- The acquisition represents an inter-se transfer (transmission) of shares.
- Kedia's stake increased from 15.97% to 45.34% post-transaction.
- The transaction value is ₹13,90,22,000.
- The acquisition is under SEBI (SAST) Regulation 10(6) exemption.
Price Impact
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