StockWatch
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Other Electrical Equipment
Shareholding4 Jun 2026, 02:21 pm

Promoter Sells Entire Stake in Switching Technologies Gunther

AI Summary

Guenther America Inc., the promoter of Switching Technologies Gunther Limited, has sold its entire equity shareholding to Touristas Horizons Private Limited, BBU Enterprises Private Limited, and Mr. Nikhil Pujari. The transaction involved the transfer of 9,22,000 equity shares. Following this sale, Guenther America Inc. and its associated entities have ceased to be classified as promoters and will now be categorized under the 'Public' shareholder group. The company has confirmed compliance with relevant SEBI LODR Regulations regarding the cessation of promoter status.

Key Highlights

  • Promoter Guenther America Inc. sold entire stake.
  • Acquisition by Touristas Horizons, BBU Enterprises, Nikhil Pujari.
  • 9,22,000 equity shares transferred in off-market deal.
  • Outgoing promoter reclassified to 'Public' category.
  • Company confirms compliance with SEBI LODR Regulations.