StockWatch
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Paper & Paper Products
Shareholding27 Aug 2026, 08:45 am

Sanjeev Lunkad Sells 0.91% Stake in Gujarat Winding Systems

AI Summary

Sanjeev Lunkad and Persons Acting in Concert (PACs) have disclosed the sale of 44,100 equity shares, representing 0.91% of the total capital, in Gujarat Winding Systems Ltd. This transaction, executed via the open market, has reduced their total holding from 13.03% to 12.12%. The sale occurred on August 25, 2026, bringing the acquirer's stake below the 13% threshold as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of the company remains Rs. 4,85,79,000/-.

Key Highlights

  • Sanjeev Lunkad and PACs sold 0.91% stake in Gujarat Winding Systems.
  • Holding reduced from 13.03% to 12.12% post-sale.
  • Transaction executed via open market on August 25, 2026.
  • Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
  • Sale brings promoter holding below the 13% threshold.