
Gnanesh Bhagat Discloses Shareholding Change in Yash Innoventures
Gnanesh Bhagat and Persons Acting in Concert (PACs) have disclosed a change in their shareholding in Yash Innoventures Limited. The disclosure, made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, pertains to an off-market sale of shares. The total shareholding of Gnanesh Bhagat and PACs before the transaction was 10,383,190 shares, representing 64.78% of the total equity. This transaction involved the sale of 100,000 shares. Post-transaction, their holding remains at 10,383,190 shares, still representing 64.78% of the total equity, indicating an inter-se transfer within the promoter group or a sale to another entity without changing the overall promoter holding percentage significantly.
Key Highlights
- Disclosure filed under SEBI Takeover Regulations 2011.
- Transaction involves Gnanesh Bhagat & PACs in Yash Innoventures.
- Off-market sale of 100,000 shares reported.
- Promoter holding remains at 64.78% post-transaction.
Price Impact
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