StockWatch
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Gems, Jewellery And Watches
Shareholding15 May 2026, 10:59 am

PNGS Reva: Govind Gadgil & PACs Increase Stake by 0.51%

AI Summary

Govind Vishwanath Gadgil, a promoter of PNGS Reva Diamond Jewellery Ltd, along with Persons Acting in Concert (PACs), acquired 1,62,000 equity shares, representing a 0.51% stake, through open market purchases. This acquisition increased their total shareholding from 22.33% to 22.83% of the company's total share/voting capital. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Govind Gadgil & PACs acquired 1,62,000 shares of PNGS Reva.
  • The acquisition increased stake by 0.51% via open market purchase.
  • Total shareholding of Govind Gadgil & PACs now stands at 22.83%.
  • The disclosure is under SEBI Takeover Regulations 29(2).
  • Acquisition date is May 14, 2026.