
Shareholding11 Jun 2026, 05:51 pm
GNG Electronics Promoter Sells 3.94% Stake for Public Float
AI Summary
GNG Electronics Limited announced that its promoter, Vidhi S Khandelwal, has sold 44,87,203 equity shares, representing 3.94% of the company's total paid-up equity share capital. This sale, conducted on June 11, 2026, was to comply with SEBI regulations for achieving Minimum Public Shareholding. Following the transaction, the promoter and promoter group's shareholding has decreased from 78.71% to 74.77%. The company has now met the mandated public shareholding requirements under SEBI rules.
Key Highlights
- Promoter sold 3.94% stake to meet public shareholding norms.
- Promoter shareholding reduced from 78.71% to 74.77%.
- Company has achieved Minimum Public Shareholding requirements.
- Transaction executed on June 11, 2026.
Price Impact
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