Hitesh Karnawat Discloses Sale of 7,500 Equity Shares in Shashwat Furnishing Solutions Limited
Hitesh Karnawat, promoter of Shashwat Furnishing Solutions Limited, disclosed the sale of 7,500 equity shares through open market transaction on January 13, 2026. The sale reduced his shareholding from 59.69% to 59.33%, while the company's equity capital remains at ₹2.09 crores with 2,088,000 shares of ₹10 each. The disclosure was filed with BSE under SEBI Takeover Regulations, maintaining regulatory compliance for the SME-listed company.

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Hitesh Karnawat, a promoter of Shashwat Furnishing Solutions Limited, has disclosed the sale of 7,500 equity shares in compliance with SEBI regulations. The transaction represents a strategic divestment by the promoter, executed through open market channels on January 13, 2026.
Transaction Details
The share sale disclosure, filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, provides comprehensive details of the transaction. The following table summarizes the key transaction parameters:
| Parameter: | Details |
|---|---|
| Shares Sold: | 7,500 equity shares |
| Transaction Mode: | Open Market Sale |
| Transaction Date: | January 13, 2026 |
| Share Value: | ₹10 per share |
| Percentage of Total Capital: | 0.36% |
Shareholding Pattern Changes
The transaction has resulted in a reduction of Karnawat's stake in the company. His shareholding position before and after the transaction shows the following changes:
| Holding Period: | Number of Shares | Percentage of Total Capital | Percentage of Diluted Capital |
|---|---|---|---|
| Before Transaction: | 1,246,350 shares | 59.69% | 59.69% |
| After Transaction: | 1,238,850 shares | 59.33% | 59.33% |
| Change: | -7,500 shares | -0.36% | -0.36% |
Company Capital Structure
Shashwat Furnishing Solutions Limited maintains a stable capital structure following this transaction. The company's equity share capital remains unchanged at ₹2.09 crores, comprising 2,088,000 equity shares with a face value of ₹10 each. The total diluted share capital also remains at the same level, indicating no outstanding convertible securities or warrants.
Regulatory Compliance
The disclosure was submitted to BSE Limited's Listing Department, where the company's shares are traded on the SME platform under scrip code 543519 and security ID SFSL. The filing demonstrates adherence to regulatory requirements for substantial shareholding changes by promoters and persons acting in concert.
Market Implications
Despite the share sale, Karnawat retains majority control of Shashwat Furnishing Solutions Limited with a 59.33% stake. The transaction represents a minor adjustment in the promoter's holding pattern while maintaining significant ownership and control over the company's operations and strategic direction.
Historical Stock Returns for Shashwat Furnishing Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |































