Gconnect Logitech & Supply Chain Limited, a company listed on the BSE, has reported a reduction in promoter shareholding following a series of open market transactions. The company's promoters, Jigar Vinodbhai Sheth and Vinodbhai Sheth, sold a total of 36,000 shares over two days, resulting in a decrease in their combined stake from 41.92% to 40.95%.

Transaction Details

The share sale took place between July 21-22, 2025, as disclosed in a regulatory filing under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The breakdown of the transactions is as follows:

Impact on Shareholding

Following the sale, the promoters' shareholding structure has changed:

• Jigar Vinodbhai Sheth now holds 1,019,547 shares, representing a 27.41% stake in the company.
• Vinodbhai Sheth's holding has reduced to 503,750 shares, equivalent to a 13.54% stake.

Company Overview

Gconnect Logitech & Supply Chain Limited's total equity share capital remains unchanged at 37,195,470 shares. The company is headquartered in Bhavnagar, Gujarat, and is listed on the BSE Limited.

Regulatory Compliance

The promoters have duly informed the stock exchange about this change in shareholding, adhering to the disclosure requirements under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This transparency ensures that all stakeholders are informed about significant changes in the company's ownership structure.

While the reasons for the share sale have not been disclosed, such transactions by promoters often attract investor attention as they may be perceived as signals about the company's future prospects or the promoters' confidence in the business. However, it's important to note that share sales can occur for various personal or strategic reasons and do not necessarily reflect on the company's performance or outlook.

Gconnect Logitech & Supply Chain , a company listed on the BSE, has reported a significant change in its promoter shareholding. According to a recent disclosure under SEBI regulations, the company's promoters have reduced their stake through open market transactions.

Key Details of the Transaction

• Total Shares Sold: 30,000
• Date of Transaction: July 18, 2025
• Mode of Sale: Open market

Impact on Promoter Shareholding

The sale has resulted in a decrease in the promoters' combined shareholding, from 42.73% to 41.92%, representing a total reduction of 0.81%.

Company Share Capital

Gconnect Logitech & Supply Chain's total equity share capital remains unchanged at 37,195,470 shares following this transaction.

Regulatory Compliance

The company has duly filed the required disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This filing was made to the BSE Limited on July 19, 2025, demonstrating the company's commitment to transparency and regulatory compliance.

The market will likely be watching closely to see if this change in promoter shareholding has any impact on the company's stock price or future strategic decisions. However, given the relatively small percentage of shares sold, the immediate impact on the company's operations is expected to be minimal.