Mukesh Sangla Increases Signet Industries Stake to 3.48% with Latest Acquisition
Mukesh Sangla has further strengthened his position in Signet Industries by acquiring 3,087 additional shares through open market purchase on December 19, 2025. This latest transaction increases his total shareholding to 1,024,419 shares, representing 3.48% of the company's share capital of 29,437,000 shares. The disclosure was filed under SEBI regulations on December 20, 2025, marking his third reported acquisition and demonstrating continued confidence in the company's prospects.
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Signet Industries has received another disclosure from significant shareholder Mukesh Sangla regarding his continued stake building in the company. The latest transaction, disclosed on December 20, 2025, marks his third reported acquisition and demonstrates sustained confidence in the company's prospects.
Latest Transaction Details
The most recent acquisition details are presented below:
| Parameter: | Details |
|---|---|
| Shares Acquired: | 3,087 |
| Acquisition Date: | December 19, 2025 |
| Mode of Acquisition: | Open Market Purchase |
| New Total Holding: | 1,024,419 shares |
| Percentage of Share Capital: | 3.48% |
| Total Share Capital: | 29,437,000 shares |
Shareholding Pattern Evolution
This represents Sangla's third disclosed acquisition, following his previous purchases. The cumulative effect of these transactions has resulted in a steady increase in his ownership stake:
| Metric: | Previous Holding | Current Holding | Change |
|---|---|---|---|
| Total Shares: | 1,021,332 | 1,024,419 | +3,087 |
| Ownership Percentage: | 3.47% | 3.48% | +0.01% |
Regulatory Compliance
The disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited on December 20, 2025, ensuring full regulatory compliance and market transparency.
Market Implications
Sangla's continued accumulation of Signet Industries shares through open market purchases signals sustained confidence in the company's business prospects. The consistent increase in his shareholding percentage, now reaching 3.48% of the total share capital, positions him as a significant stakeholder in the company's future performance. His registered address in Indore, Madhya Pradesh, indicates his commitment to maintaining transparency in all regulatory filings.
Investors and market participants typically view such sustained buying by existing significant shareholders as a positive indicator, reflecting insider confidence in the company's strategic direction and growth potential.
Historical Stock Returns for Signet Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.99% | +2.85% | +7.64% | -6.78% | -17.60% | +126.31% |
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