Promoter Sells Shares in GNA Axles Limited; Mr. Maninder Singh Holdings Reduce to 7.95%
Mr. Maninder Singh, a member of the Promoter Group, has completed the sale of equity shares in GNA Axles Limited. The transaction involved the disposal of 1,135,767 Equity Shares, resulting in his holding stabilizing at 7.95%.The sale occurred between June 18, 2026, and June 24, 2026. Following this divestment, Mr. Singh's stake reflected a decrease from the previous level of 10.6% to the current holding of 7.95% in the company.
The sale details pertain to GNA Axles Limited, which has a total diluted share capital after the transaction reported at 42,930,800 shares. Before the said acquisition or sale, the equity share capital stood at 429,308,000.
A summary of the shareholding change and the completed transaction is provided below:
| Metric | Pre-Sale Details | Post-Sale Details |
|---|---|---|
| Promoter Name | Mr. Maninder Singh (Part of Promoter Group) | Mr. Maninder Singh |
| Company | GNA Axles Limited | GNA Axles Limited |
| Transaction Type | Sale | N/A |
| Shares Disposed | 1,135,767 | N/A |
| Percentage Holding | 10.6% (Pre-Sale) | 7.95% (Post-Sale) |
The sale of the Equity shares represented a portion of Mr. Singh's holding and concluded the transaction which was intimated on June 26, 2026.
ADVANIHOTR Stock Price Movement
On Thursday, shares of Advani Hotels & Resorts edged higher to settle at ₹53.24, marking a gain of 0.25% in trading. The stock traded within a narrow range, hitting an intraday high of ₹53.53 amidst 10,134 shares changing hands.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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