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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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.

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

1 min read     Updated on 16 Jan 2026, 11:04 AM
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Reviewed by
Radhika SScanX News Team
Overview

Promoter Hitesh Karnawat sold 4,500 equity shares in Shashwat Furnishing Solutions Limited on January 14, 2026, through open market transaction. His shareholding decreased from 1,238,850 shares (59.33%) to 1,234,350 shares (59.12%), representing a 0.21% reduction. The disclosure was filed with BSE Limited under SEBI Regulation 29(2) on January 15, 2026, maintaining regulatory compliance for substantial shareholding changes.

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

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.

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