StockWatch
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Residential- Commercial Projects
Shareholding2 Sept 2026, 03:18 pm

Gyan Developers Promoter Sells 3.08 Lakh Shares

AI Summary

Gyan Developers & Builders Ltd announced that members of the promoter group, including Mr. Harish Kumar, Ms. Rekha Jain, and M/s. T Harish Kumar HUF, have disposed of 3,08,200 equity shares. The transaction, conducted via off-market transfer on August 31, 2026, represents approximately 10.27% of the company's total equity. Following this sale, the promoter group's holding has decreased, with specific post-sale holdings detailed for each member. The total equity share capital of the company remains unchanged at ₹3,00,00,000.

Key Highlights

  • Promoter group sold 3,08,200 shares of Gyan Developers.
  • Transaction was an off-market sale on August 31, 2026.
  • Disposed shares represent 10.27% of the company's equity.
  • Specific holdings of Harish Kumar, Rekha Jain, and T Harish Kumar HUF detailed.
  • Total equity capital remains ₹3,00,00,000 post-sale.