Hitesh Karnawat Discloses Sale of 24,000 Equity Shares in Shashwat Furnishing Solutions Limited

1 min read     Updated on 13 Jan 2026, 10:05 AM
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Reviewed by
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Overview

Promoter Hitesh Karnawat disclosed the sale of 24,000 equity shares in Shashwat Furnishing Solutions Limited through open market transactions on January 12, 2026, reducing his shareholding from 60.84% to 59.69%. The transaction was conducted in compliance with SEBI Takeover Regulations, with proper disclosure filed to BSE Limited. The company's equity capital structure remains unchanged at ₹2.09 crores divided into 2,088,000 shares of ₹10 each.

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

Promoter Hitesh Karnawat has disclosed the sale of 24,000 equity shares in Shashwat Furnishing Solutions Limited through open market transactions on January 12, 2026. The disclosure was filed with BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share sale transaction resulted in a reduction of Karnawat's shareholding in the company. The following table summarizes the key transaction parameters:

Parameter: Details
Shares Sold: 24,000 equity shares
Transaction Mode: Open Market Sale
Transaction Date: January 12, 2026
Percentage Sold: 1.15% of total share capital

Shareholding Changes

The transaction has altered Karnawat's ownership position in the company. His shareholding details before and after the transaction are presented below:

Holding Period: Number of Shares Percentage of Total Capital
Before Sale: 1,270,350 shares 60.84%
After Sale: 1,246,350 shares 59.69%
Shares Sold: 24,000 shares 1.15%

Company Capital Structure

Shashwat Furnishing Solutions Limited's equity share capital structure remains unchanged following this transaction:

Capital Component: Details
Total Equity Capital: ₹2.09 crores
Number of Shares: 2,088,000 equity shares
Face Value per Share: ₹10
Stock Exchange: BSE SME
Scrip Code: 543519

Regulatory Compliance

The disclosure was made in accordance with SEBI regulations governing substantial acquisition of shares and takeovers. Karnawat, identified as a promoter of the company, filed the required documentation with BSE Limited's listing department. The disclosure includes comprehensive details of his shareholding pattern both before and after the transaction, ensuring transparency in promoter trading activities.

The transaction maintains Karnawat's position as a significant promoter shareholder, though his stake has decreased marginally. The company's total diluted share capital remains at ₹2.09 crores, with no outstanding convertible securities or warrants affecting the capital structure.

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Hitesh Karnawat Discloses Sale of 1,500 Equity Shares in Shashwat Furnishing Solutions Limited

1 min read     Updated on 13 Jan 2026, 10:04 AM
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Reviewed by
Radhika SScanX News Team
Overview

Hitesh Karnawat, promoter of Shashwat Furnishing Solutions Limited, disclosed the sale of 1,500 equity shares through open market transaction on January 9, 2026. His shareholding decreased marginally from 60.91% to 60.84%, representing a routine adjustment in his holding pattern. The disclosure was filed with BSE Limited in compliance with SEBI regulations, maintaining transparency in promoter shareholding changes.

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

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.

Parameter Before Transaction After Transaction
Number of Shares 1,271,850 1,270,350
Percentage Holding 60.91% 60.84%
Transaction Type - Open Market Sale
Shares Sold - 1,500

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.

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