StockWatch
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Other Financial Services
Shareholding29 Apr 2026, 05:42 pm

SG Finserve: Promoter Sanjay Gupta acquires 2.35% stake via gift

AI Summary

Sanjay Gupta, a promoter of SG Finserve Limited, has acquired 15,50,000 equity shares, representing 2.35% of the company's paid-up equity share capital. The acquisition was made off-market by way of a gift on April 27, 2026. This transaction increased the combined holding of Sanjay Gupta and persons acting in concert (PACs) from 52.27% to 55.38% of the company's total voting rights. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Sanjay Gupta, a promoter of SG Finserve, acquired 15.50 lakh equity shares.
  • The acquisition represents 2.35% of the company's paid-up equity capital.
  • Shares were acquired off-market through a gift on April 27, 2026.
  • Promoter group holding increased from 52.27% to 55.38% post-acquisition.
  • The disclosure was made under SEBI (SAST) Regulations, 2011.