StockWatch
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Residential- Commercial Projects
Shareholding7 Aug 2026, 04:11 pm

Gyan Developers Promoters Sell 2.85 Lakh Shares Off-Market

AI Summary

Promoters of Gyan Developers & Builders Ltd, including Mr. Mahendar Raj, Mr. Tarachand Jain, and Ms. Kamala Devi, have disclosed the off-market sale of 2,85,400 equity shares on August 5, 2026. The transaction, valued at ₹3,00,00,000, was conducted as an off-market transfer. This disclosure is made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total share capital of the company remains 30,00,000 equity shares of ₹10 each before and after the sale.

Key Highlights

  • Promoters sold 2,85,400 equity shares of Gyan Developers.
  • The transaction was an off-market sale valued at ₹3 crore.
  • Disclosure filed under SEBI SAST Regulations 2011.
  • Sale date was August 5, 2026.
  • Total promoter holding percentage change not specified.