GNG Electronics Promoter Sells 45 Lakh Shares for Public Holding

GNG Electronics Limited announced that its promoter, Vidhi S Khandelwal, intends to sell up to 45,00,000 equity shares, representing approximately 3.95% of the total paid-up equity share capital. This sale, to be conducted through the open market route, aims to help the company achieve the minimum public shareholding requirements mandated by SEBI regulations. The divestment is expected to be completed by June 19, 2026. Following the sale, the promoter and promoter group's shareholding will decrease from 78.71% to 74.76%. The promoter has provided an undertaking not to buy shares on the dates of the sale to ensure compliance.