GSL Securities: Promoters Sell 44.62% Stake for ₹8 Cr

GSL Securities Ltd announced the execution of a Share Purchase Agreement (SPA) dated September 16, 2026. The company's Promoters and Promoter Group have agreed to sell up to 19,07,600 equity shares, representing 44.62% of the voting share capital, to Mr. Shrikant Mitesh Bhangdiya, Ms. Aarti Shrikant Bhangdiya, and Ms. Sonal Kirtikumar Bhangdiya (the Acquirer). The transaction is valued at ₹42 per equity share, totaling ₹8,01,19,200. The Acquirer will gain control over the company post-acquisition. An open offer disclosure has been submitted to the stock exchange. The transaction is subject to customary closing conditions and necessary statutory approvals.