Promoter Sells 1,135,767 Equity Shares in GNA Axles Limited
A member of the promoter group in GNA Axles Limited has sold a portion of their equity shares, reducing their holding. The transaction was completed between June 18, 2026, and June 24, 2026, with the intimation provided on June 26, 2026.Mr. Maninder Singh, identified as part of the Promoter Group, conducted the sale of 1,135,767 Equity Shares. This transaction resulted in a reduction of his shareholding percentage to 7.95%. The total value of the sold shares was recorded at 48,548,5492.00.
The sale marks a change in the holding details for the promoter group member. Prior to the disposal, Mr. Singh held 4,549,426 Equity Shares, which constituted 10.6% of the total share capital. Post-sale, his holding stands at 3,413,659 shares, representing a 7.95% stake in GNA Axles Limited.
Key details regarding the transaction are summarized below:
| Metric | Pre-Transaction Holding | Transaction Details | Post-Transaction Holding |
|---|---|---|---|
| Total Equity Shares | 4,549,426 (10.6%) | Sold: 1,135,767 shares at a value of 48,548,5492.00 | 3,413,659 (7.95%) |
| Transaction Period | N/A | June 18, 2026 to June 24, 2026 | Date of Intimation: June 26, 2026 |
The transaction confirms the sale of Equity Shares and aligns with regulatory filings detailing changes in the holding of securities by Promoter Group members.
GNA Stock Price Movement
On Thursday, GNA Axles Limited shares gained robustly, settling at ₹436.70 after climbing 3.65% from the previous closing price. The stock saw significant activity during the session, with a volume of 746,137 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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