Banswara Syntex promoter group member Udit Ravindra Toshniwal disposed of 6,861 equity shares in the open market on September 1, 2026. The transaction reduced his stake in the company by 0.02%.

The sale, disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, brings Toshniwal’s total holding to 37,456 shares. This represents 0.11% of the company’s total paid-up equity capital of ₹17.12 crore.

Transaction Details

Toshniwal held 44,317 shares, or 0.13% of the voting capital, prior to the disposal. The open-market sale was executed on September 1, 2026, with the disclosure filed on September 3, 2026. No shares were encumbered or pledged in connection with this transaction.

Promoter Group Holdings

The disposal affects only Toshniwal’s individual holding within the broader promoter group. The aggregate holding of the promoter and promoter group decreased marginally from 1,85,35,587 shares to 1,85,28,726 shares. Other key promoter group members, including Shaleen Toshniwal and Ravindrakumar Toshniwal, maintained their pre-transaction holdings unchanged.

Banswara Syntex disclosed that promoter group member Udit Ravindra Toshniwal sold 15,199 equity shares in the open market. The disposal occurred across three trading sessions in late August 2026.

The transaction represents 0.04% of the company’s total paid-up capital. Toshniwal filed the disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on August 27, 2026.

Transaction Details

The sale was executed on August 24, 25, and 26, 2026. Before the transaction, Toshniwal held 59,516 shares carrying voting rights, accounting for 0.17% of the total share capital. Following the disposal, his holding stands at 44,317 shares, or 0.13% of the total voting capital.

The face value of each equity share is ₹5. The company’s total equity share capital remains at ₹17,11,60,420, divided into 3,42,32,084 equity shares.

Promoter Group Holdings

The disposal slightly reduced the aggregate holding of the promoter and promoter group. As per Annexure-I of the disclosure, the total pre-transaction holding of the promoter group was 1,85,50,786 shares. This figure decreased to 1,85,35,587 shares post-transaction.

Other members of the promoter group, including Mrs. Kavita Soni, Mrs. Navnita Mehra, and Mr. Shaleen Toshniwal, maintained their existing holdings during this period. The total diluted share capital of the company remains unchanged at 3,42,32,084 equity shares.