Hitesh Karnawat Discloses Sale of 7,500 Equity Shares in Shashwat Furnishing Solutions Limited

1 min read     Updated on 14 Jan 2026, 10:12 AM
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Overview

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.

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Shashwat Furnishing Solutions Promoter Lalit Kumar Karnawat Sells 13,500 Equity Shares

1 min read     Updated on 13 Jan 2026, 10:09 AM
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Reviewed by
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Overview

Lalit Kumar Karnawat, promoter and director of Shashwat Furnishing Solutions Limited, sold 13,500 equity shares through open market transactions on January 12, 2026, reducing his stake from 3.03% to 2.38%. The transaction was disclosed under SEBI Takeover Regulations, with the company maintaining its equity share capital of ₹2.09 crores divided into 20,88,000 shares of ₹10 each. The company is listed on BSE SME platform under scrip code 543519.

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

Lalit Kumar Karnawat, promoter and director of Shashwat Furnishing Solutions Limited, has disclosed the sale of 13,500 equity shares through open market transactions on January 12, 2026. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share sale transaction involved the disposal of 13,500 equity shares, representing 0.65% of the company's total share capital. The transaction was executed through open market sales on January 12, 2026.

Transaction Parameter: Details
Shares Sold: 13,500 equity shares
Transaction Value: 0.65% of total share capital
Mode of Sale: Open Market
Transaction Date: January 12, 2026

Shareholding Pattern Changes

Prior to this transaction, Karnawat held 63,250 shares carrying voting rights, which represented 3.03% of the company's total shareholding. Following the sale of 13,500 shares, his holding has been reduced to 49,750 shares, now constituting 2.38% of the total equity.

Shareholding Details: Before Transaction After Transaction
Number of Shares: 63,250 49,750
Percentage Holding: 3.03% 2.38%
Voting Rights: 3.03% 2.38%

Company Information

Shashwat Furnishing Solutions Limited is listed on the BSE SME platform under scrip code 543519 with security ID SFSL. The company's equity share capital remains unchanged at ₹2.09 crores, divided into 20,88,000 equity shares of ₹10.00 each.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition and disposal of shares. Karnawat, being a promoter and director of the company, is required to disclose such transactions to maintain transparency in shareholding patterns. The formal disclosure was submitted to BSE Limited's Listing Department on January 12, 2026.

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