Shashwat Furnishing Solutions Promoter Lalit Kumar Karnawat Sells 16,500 Equity Shares
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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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
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |






























