Mangal Savitri Investment Acquires 1.39% Stake in Garnet International

1 min read     Updated on 24 Nov 2025, 01:18 PM
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Riya DScanX News Team
Overview

Mangal Savitri Investment Pvt Ltd, part of Garnet International's promoter group, has acquired a 1.39% stake (273,191 shares) in the company through open market transactions on November 22, 2025. This acquisition has increased the promoter group's holding from 0.00% to 1.39%. The transaction falls under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, requiring disclosure to stock exchanges.

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

Garnet International has reported a significant change in its shareholding structure. Mangal Savitri Investment Pvt Ltd, an entity belonging to the promoter group, has acquired a substantial stake in the company through open market transactions.

Key Details of the Acquisition

Aspect Details
Acquiring Entity Mangal Savitri Investment Pvt Ltd
Number of Shares Acquired 273,191
Stake Acquired 1.39%
Mode of Acquisition Open Market Transactions
Date of Acquisition November 22, 2025

Impact on Shareholding

The acquisition has led to a notable change in the promoter group's holding in Garnet International:

Shareholding Before Acquisition After Acquisition
Promoter Group Holding 0.00% 1.39%

Regulatory Compliance

This transaction falls under the purview of the Securities and Exchange Board of India (SEBI) Substantial Acquisition of Shares and Takeovers Regulations, 2011. As per these regulations, the company is required to disclose such changes in shareholding to the stock exchanges.

Market Implications

The increase in promoter holding could be seen as a signal by the market, potentially indicating the promoter group's confidence in the company's future prospects. However, investors should conduct their own research and analysis before making any investment decisions based on this development.

Shareholders and potential investors are advised to monitor further announcements from the company for any additional information or strategic moves related to this acquisition.

Historical Stock Returns for Garnet International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.86%-28.25%-36.53%-38.22%-39.28%+184.77%
Garnet International
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Garnet International Promoters Reduce Stake Through Open Market Sales

1 min read     Updated on 24 Nov 2025, 01:06 PM
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Reviewed by
Jubin VScanX News Team
Overview

Garnet International promoters Suresh G and Indira Gaggar sold 133,250 and 135,000 shares respectively on November 21, 2025, through open market transactions. This reduced their combined stake from 21.75% to 20.38%. Suresh G's stake decreased by 0.68% and Indira Gaggar's by 0.69%. The company has a total equity capital of 19,635,000 shares.

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

Garnet International promoters have reduced their shareholdings through open market transactions on November 21, 2025. The sales have resulted in a decrease in their combined stake in the company.

Key Details of the Transaction

Promoter Shares Sold Stake Sold
Suresh G 133,250 0.68%
Indira Gaggar 135,000 0.69%

Impact on Promoter Holdings

The open market sales have led to a reduction in the promoters' combined holdings:

Metric Before Sale After Sale
Combined Stake 21.75% 20.38%

Company Overview

Garnet International has a total equity capital of 19,635,000 shares. The recent transactions by the promoters represent a change in their ownership structure, potentially impacting the company's shareholding pattern.

Market Implications

While the reasons for the stake reduction have not been disclosed, such moves by promoters often attract investor attention. Market participants may closely monitor any further changes in the promoter holdings or any subsequent disclosures by the company regarding these transactions.

Investors and stakeholders are advised to keep an eye on any official communications from Garnet International for more context on these share sales and their potential impact on the company's future plans or operations.

Historical Stock Returns for Garnet International

1 Day5 Days1 Month6 Months1 Year5 Years
-2.86%-28.25%-36.53%-38.22%-39.28%+184.77%
Garnet International
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