Hitesh Karnawat Sells 4,500 Equity Shares in Shashwat Furnishing Solutions Limited

Promoter Hitesh Karnawat has disclosed the sale of 4,500 equity shares in Shashwat Furnishing Solutions Limited through an open market transaction on January 14, 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
Transaction Type:	Sale - Open Market
Number of Shares Sold:	4,500 equity shares
Transaction Date:	January 14, 2026
Filing Date:	January 15, 2026
BSE Scrip Code:	543519
Security ID:	SFSL

Shareholding Changes

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

Shareholding Position:	Before Transaction	After Transaction	Change
Number of Shares:	1,238,850	1,234,350	-4,500
Percentage Holding:	59.33%	59.12%	-0.21%
Voting Rights:	59.33%	59.12%	-0.21%

Company Capital Structure

Shashwat Furnishing Solutions Limited maintains a consistent equity share capital structure throughout the transaction period. The company's capital composition remains unchanged:

Total Equity Share Capital: ₹2.08 crores
Number of Equity Shares: 20,88,000 shares
Face Value per Share: ₹10.00
Listing Exchange: BSE SME

Regulatory Compliance

The disclosure fulfills the mandatory requirements under SEBI regulations for substantial shareholding changes. Karnawat, identified as a promoter of the company, submitted the prescribed format disclosure to BSE Limited's Listing Department. The filing includes comprehensive details of his shareholding position before and after the transaction, ensuring transparency in promoter trading activities.

The transaction represents a minor reduction in the promoter's stake while maintaining his significant controlling interest in the company. The open market sale was completed without any encumbrances, pledges, or non-disposal undertakings affecting the shares.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.00%	-10.81%	-15.94%	+54.66%	+114.77%	+108.61%

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.