Manju Mundhra Reduces Shareholding in Growington Ventures India Limited to 4.39%

1 min read     Updated on 19 Mar 2026, 04:52 PM
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Reviewed by
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Overview

Manju Mundhra and Naresh Kumar Mundhra have reduced their combined shareholding in Growington Ventures India Limited from 5.02% to 4.39% through the sale of 40,56,237 equity shares via open market transactions between 17.02.2026 to 18.03.2026. The disclosure was filed under SEBI Regulation 29(2) with BSE Limited, confirming that neither shareholder belongs to the promoter group.

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*this image is generated using AI for illustrative purposes only.

Manju Mundhra and Naresh Kumar Mundhra have filed a disclosure under SEBI regulations regarding the sale of equity shares in Growington Ventures India Limited. The transaction represents a reduction in their combined shareholding position in the BSE-listed company, with the official disclosure submitted on 19.03.2026.

Transaction Details

The share sale was executed through open market transactions conducted between 17.02.2026 to 18.03.2026. The disclosure was submitted to BSE Limited and the company on 18.03.2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter: Details
Transaction Period: 17.02.2026 to 18.03.2026
Mode of Sale: Open Market
Stock Exchange: BSE Ltd
Scrip Code: 539222
Disclosure Date: 18.03.2026

Shareholding Changes

The transaction involved the sale of a total of 40,56,237 equity shares, representing 0.64% of the company's total share capital. Both shareholders reduced their individual holdings through this transaction.

Shareholder: Shares Sold Percentage Sold
Manju Mundhra: 11,28,486 0.18%
Naresh Kumar Mundhra: 29,27,751 0.46%
Total: 40,56,237 0.64%

Pre and Post Transaction Holdings

Before the transaction, Manju Mundhra held 37,06,346 shares (0.58%) while Naresh Kumar Mundhra held 2,85,41,432 shares (4.44%), totaling 3,22,47,778 shares representing 5.02% of the company's equity capital.

Holding Period: Manju Mundhra Naresh Kumar Mundhra Combined Total
Before Transaction: 37,06,346 (0.58%) 2,85,41,432 (4.44%) 3,22,47,778 (5.02%)
After Transaction: 25,77,860 (0.40%) 2,56,13,681 (3.99%) 2,81,91,541 (4.39%)

Company Capital Structure

Growington Ventures India Limited maintains an equity share capital of Rs 64,22,15,760, comprising 64,22,15,760 equity shares with a face value of Rs 1 each. The company's total voting capital and diluted share capital remain unchanged at the same level following this transaction.

Regulatory Compliance

The disclosure confirms that neither Manju Mundhra nor Naresh Kumar Mundhra belong to the promoter or promoter group of the company. The filing also indicates no encumbrances, voting rights other than shares, or convertible securities in their holdings. The company secretary, Sunita Gupta Maskara, forwarded the disclosure to BSE Limited as per regulatory requirements.

Historical Stock Returns for Growington Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-4.12%-4.12%+24.00%-41.88%-45.29%+32.86%

Manju Mundhra Files Revised Disclosure Correcting Stake Details in Growington

1 min read     Updated on 07 Mar 2026, 05:19 PM
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Reviewed by
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Overview

Manju Mundhra submitted a revised disclosure to Growington Ventures India Limited correcting an inadvertent error in her earlier filing. The correction shows Naresh Kumar Mundhra sold 4,92,429 shares instead of the previously reported 10,00,000 shares, while Manju Mundhra acquired 1,10,00,000 shares representing 1.71% stake through open market transactions, bringing their combined PAC holding to 5.81%.

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Growington Ventures India Limited has received a revised disclosure from Manju Mundhra dated March 05, 2026, correcting an inadvertent error in her earlier submission regarding substantial acquisition of shares. The revised disclosure updates the shareholding details of persons acting in concert (PAC) and provides accurate figures for recent transactions.

Correction in Earlier Disclosure

Manju Mundhra filed the revised disclosure to correct an error in her March 02, 2026 submission. The correction specifically addresses the equity shareholding details under the "Details of Acquisition/sale - Shares carrying voting rights acquired/sold" section.

Parameter: Incorrect Figure Corrected Figure
Naresh Kr Mundhra Shares Sold: 10,00,000 4,92,429
Percentage w.r.t. Total Capital: 0.15% 0.07%

Latest Acquisition and Holdings

The revised disclosure reveals Manju Mundhra's acquisition of 1,10,00,000 equity shares representing 1.71% stake through open market transactions on February 26, 2026. Simultaneously, Naresh Kumar Mundhra sold 4,92,429 shares (0.07% stake) during the same period.

Updated Shareholding Structure

Shareholder: Before Transaction After Transaction Net Change
Manju Mundhra: Nil 1,10,00,000 (1.71%) +1,10,00,000
Naresh Kumar Mundhra: 2,68,07,733 (4.17%) 2,63,15,304 (4.10%) -4,92,429
Combined PAC Holding: 2,68,07,733 (4.17%) 3,73,15,304 (5.81%) +1,05,07,571

Company Capital Structure

Growington Ventures India Limited maintains total share capital of Rs 64,22,15,760, comprising 64,22,15,760 equity shares of face value Re 1 each. The company's shares are listed on BSE Limited under scrip code 539222. The company operates from its registered address at Shiv Chamber, 4th Floor, Plot No 21, Sector 11, CBD Belapur, Navi Mumbai.

Regulatory Compliance

The revised disclosure has been filed in accordance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 by Manju Mundhra, residing at Ram Krishna Samadhi Road, Radhakunj, Kankurgachi, Kolkata. She does not belong to the promoter or promoter group category. The documentation establishes Manju Mundhra and Naresh Kumar Mundhra as persons acting in concert for regulatory purposes.

Historical Stock Returns for Growington Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
-4.12%-4.12%+24.00%-41.88%-45.29%+32.86%

More News on Growington Ventures

1 Year Returns:-45.29%