News Orders & Deals Hitesh Karnawat Sells 6,000 Equity Shares of Shashwat Furnishing Solutions LimitedHitesh Karnawat Sells 6,000 Equity Shares of Shashwat Furnishing Solutions Limited
Promoter Hitesh Karnawat disclosed the sale of 6,000 equity shares of Shashwat Furnishing Solutions Limited through open market transaction on January 28, 2026. The disposal reduced his shareholding from 56.53% to 56.24%, representing a 0.29% decrease in his stake. The company's equity capital structure remains unchanged at Rs. 20,880,000 divided into 2,088,000 shares of Rs. 10 each, with shares listed on BSE SME platform.
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Hitesh Karnawat, a promoter of Shashwat Furnishing Solutions Limited, has disclosed the sale of 6,000 equity shares in compliance with SEBI regulatory requirements. The disclosure was made on January 29, 2026, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The share disposal transaction was executed through open market sale on January 28, 2026. The following table summarizes the key transaction parameters:
| Parameter: | Details |
|---|---|
| Number of Shares Sold: | 6,000 |
| Transaction Mode: | Open Market Sale |
| Transaction Date: | January 28, 2026 |
| Percentage of Total Capital: | 0.29% |
Shareholding Changes
The transaction resulted in a reduction of Karnawat's stake in the company. His shareholding position before and after the transaction is detailed below:
| Position: | Before Transaction | After Transaction | Change |
|---|---|---|---|
| Number of Shares: | 1,180,350 | 1,174,350 | -6,000 |
| Percentage Holding: | 56.53% | 56.24% | -0.29% |
| Voting Rights: | 56.53% | 56.24% | -0.29% |
Company Capital Structure
Shashwat Furnishing Solutions Limited maintains its equity share capital structure unchanged following this transaction. The company's capital composition includes:
- Total Equity Share Capital: Rs. 20,880,000
- Number of Equity Shares: 2,088,000 shares
- Face Value per Share: Rs. 10
- Listing Platform: BSE SME
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 affects his shareholding percentage. The formal disclosure was submitted to BSE Limited with scrip code 543519 and security ID SFSL, ensuring transparency in promoter shareholding movements for investor awareness.
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% |
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