Hitesh Karnawat Sells 22,500 Equity Shares of Shashwat Furnishing Solutions Limited

1 min read     Updated on 20 Jan 2026, 10:20 AM
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Ashish TScanX News Team
Overview

Promoter Hitesh Karnawat has disposed of 22,500 equity shares of Shashwat Furnishing Solutions Limited through open market sale on January 16, 2026. The transaction reduced his shareholding from 59.12% to 58.04%, representing a decrease of 1.08%. The disclosure was made under SEBI Takeover Regulations, with the company's equity capital remaining 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.

Hitesh Karnawat, a promoter of Shashwat Furnishing Solutions Limited, has disclosed the disposal of 22,500 equity shares of the company through an open market transaction. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and filed with BSE Limited on January 19, 2026.

Transaction Details

The share disposal transaction took place on January 16, 2026, through open market sale. The transaction represents a reduction in Karnawat's promoter shareholding in the BSE SME-listed company.

Transaction Parameter: Details
Number of Shares Sold: 22,500 equity shares
Transaction Date: January 16, 2026
Mode of Sale: Open Market
Share Face Value: ₹10 per share

Shareholding Pattern Changes

The disposal has resulted in a change in Karnawat's shareholding pattern in Shashwat Furnishing Solutions Limited. His stake in the company has decreased following this transaction.

Shareholding Details: Before Transaction After Transaction Change
Number of Shares: 1,234,350 1,211,850 -22,500
Percentage Holding: 59.12% 58.04% -1.08%
Diluted Percentage: 59.12% 58.03% -1.07%

Company Capital Structure

Shashwat Furnishing Solutions Limited's equity share capital structure remained unchanged following this promoter share disposal. The company maintains its existing capital base with no alterations to the total number of outstanding shares.

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

Regulatory Compliance

The disclosure fulfills the mandatory reporting requirements under SEBI regulations for substantial shareholding changes. Karnawat, being a promoter of the company, is required to disclose any acquisition or disposal of shares that results in a change of 2% or more in his shareholding. The formal disclosure was submitted to BSE Limited's Listing Department and copied to the Company Secretary of Shashwat Furnishing Solutions Limited, ensuring full regulatory compliance and transparency in the share transaction process.

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Shashwat Furnishing Solutions Promoter Lalit Kumar Karnawat Sells 16,500 Equity Shares

1 min read     Updated on 20 Jan 2026, 10:19 AM
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Reviewed by
Shriram SScanX News Team
Overview

Lalit Kumar Karnawat, promoter and director of Shashwat Furnishing Solutions Limited, sold 16,500 equity shares through open market transactions on January 16, 2026, as disclosed under SEBI regulations. His shareholding reduced significantly from 0.80% to 0.01%, representing a near-complete divestment of his equity position. The company's total share capital remains at ₹2.09 crores divided into 20,88,000 equity shares of ₹10 each, listed on BSE SME.

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

Shashwat Furnishing Solutions Limited's promoter and director Lalit Kumar Karnawat has sold 16,500 equity shares through open market transactions on January 16, 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 represents a significant reduction in Karnawat's stake in the company. The transaction details are presented below:

Parameter Before Transaction Transaction After Transaction
Number of Shares 16,750 16,500 (sold) 250
Percentage Holding 0.80% 0.79% 0.01%
Transaction Mode - Open Market Sale -
Transaction Date - January 16, 2026 -

Company Share Capital Structure

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

Details Specification
Total Equity Capital ₹2.09 crores
Number of Shares 20,88,000
Face Value per Share ₹10.00
Listing Exchange BSE SME
Scrip Code 543519

Regulatory Compliance

The disclosure was submitted to BSE Limited's Listing Department as required under SEBI regulations. Karnawat, who is based in Jodhpur, Rajasthan, continues to hold his position as promoter and director of the company despite the significant reduction in his shareholding.

Impact on Promoter Holdings

This transaction marks a substantial divestment by the promoter, with his stake reducing from 0.80% to merely 0.01% of the company's total equity. The sale of 16,500 shares out of his total holding of 16,750 shares indicates a near-complete exit from his equity position while maintaining his directorial role in the company.

Historical Stock Returns for Shashwat Furnishing Solutions

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