Hitesh Karnawat raises stake in Shashwat Furnishing to 53.87%

Promoter Hitesh Karnawat increased his shareholding in Shashwat Furnishing Solutions Limited by acquiring 9,000 equity shares through an open market transaction on June 23, 2026. This purchase has raised his total stake in the company to 53.87%, strengthening his position as a promoter.

The disclosure was submitted to BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to this transaction, Karnawat held 1,115,850 shares, representing 53.44% of the company's total voting capital.

Acquisition Details

The acquisition details outline the shift in shareholding percentages and the specific mode of transaction. The equity share capital of the target company remains unchanged at Rs. 20880000, divided into 2,088,000 equity shares of Rs. 10 each.

Holding Details	Number of Shares	% of Total Share Capital	% of Diluted Share Capital
Before Acquisition	1,115,850	53.44%	53.44%
Shares Acquired	9,000	0.43%	0.43%
After Acquisition	1,124,850	53.87%	53.87%

Regulatory Filing

The filing confirms that the mode of acquisition was a purchase via the open market. The total diluted share and voting capital of the company remains Rs. 20880000, divided into 2,088,000 equity shares of Rs. 10 each, assuming full conversion of any outstanding convertible securities. The disclosure was signed and submitted by Hitesh Karnawat on June 25, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	-10.56%	+31.75%	+77.70%

Shashwat Furnishing Solutions Limited has notified BSE Limited of an upcoming board meeting scheduled for Monday, May 25, 2026, pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will take up the consideration and approval of the company's audited financial results for the half year and year ended March 31, 2026. The intimation was signed by Hitesh Karnawat, Managing Director, and dated May 18, 2026.

Board Meeting Details

The following key details have been disclosed in the regulatory filing:

Parameter:	Details
Meeting Date:	Monday, May 25, 2026
Purpose:	Consideration and approval of Audited Financial Results
Results Coverage:	Half year and year ended March 31, 2026
Results Type:	Standalone and Consolidated
Filing Regulation:	Regulation 29, SEBI (LODR) Regulations, 2015
Intimation Date:	May 18, 2026
Signed By:	Hitesh Karnawat, Managing Director

Trading Window Closure

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's own Code of Conduct for Prohibition of Insider Trading, the trading window for all designated persons has been closed. The closure is effective from April 01, 2026 and will remain in force until 48 hours after the announcement of the audited financial results (standalone and consolidated) to the stock exchange.

The company has requested BSE Limited to take the intimation on record and inform all concerned parties accordingly.