Hitesh Karnawat, a promoter of Shashwat Furnishing Solutions Limited , has filed a regulatory disclosure regarding the sale of 1,500 equity shares in the company. The transaction was completed on January 9, 2026, through an open market sale, with the disclosure submitted to BSE Limited on January 12, 2026, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The sale represents a minor adjustment in the promoter's shareholding pattern. Prior to this transaction, Karnawat held 1,271,850 shares, representing 60.91% of the company's total share capital. Following the sale of 1,500 shares, his holding decreased to 1,270,350 shares, constituting 60.84% of the total shareholding.

Company Share Capital Structure

Shashwat Furnishing Solutions Limited maintains a total equity share capital of ₹2.09 crores, divided into 20,88,000 equity shares of ₹10 each. The company's shares are listed on the BSE SME platform under the scrip code 543519 and security ID SFSL. The share capital structure remained unchanged following this transaction.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Karnawat, based in Jodhpur, Rajasthan, submitted the required documentation to BSE Limited's Listing Department, ensuring full transparency in the shareholding change. The transaction details were also communicated to the company secretary of Shashwat Furnishing Solutions Limited as per regulatory protocol.

Market Impact

The transaction represents a minimal change in the promoter's stake, with the percentage reduction being only 0.07%. This minor adjustment maintains Karnawat's position as a majority promoter while providing some liquidity to the market. The transaction was executed through normal market mechanisms, indicating routine portfolio management rather than any significant strategic change in the promoter's commitment to the company.

Shashwat Furnishing Solutions Limited has witnessed another reduction in promoter shareholding, with Hitesh Karnawat selling additional equity shares through open market transactions. The latest disclosure under Regulation 29(2) of SEBI regulations shows continued changes in the company's ownership structure.

Latest Transaction Details

On December 18, 2025, Hitesh Karnawat sold 7,500 equity shares of Shashwat Furnishing Solutions Limited through open market transactions. This sale resulted in a 0.36% reduction in his shareholding stake.

Updated Shareholding Pattern

Following the December 2025 transaction, Karnawat's shareholding has been further reduced. The latest shareholding structure shows:

Previous Shareholding Changes

This marks the second significant reduction in Karnawat's stake. Earlier in August 2025, he had sold 21,000 equity shares, reducing his holding from 63.86% to 62.86%. The cumulative effect of both transactions shows a continued trend of stake reduction by the key promoter.

Company Structure

Shashwat Furnishing Solutions Limited maintains its equity share capital at ₹2.09 crores, divided into 20,88,000 equity shares of ₹10.00 each. The company remains listed on the BSE SME platform under scrip code 543519.

Regulatory Compliance

The disclosure was made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Hitesh Karnawat, residing at Hudco Quarter, Kamla Nehru Nagar, Jodhpur, Rajasthan, filed the necessary documentation with BSE Limited on the same day as the transaction.

The continued reduction in promoter shareholding may draw attention from investors and market participants, as such changes often indicate strategic decisions by company insiders. However, the specific reasons for these successive stake reductions have not been disclosed in the regulatory filings.