Key Quantitative Figures
Harkirat Singh Ryait (Promoter & Executive Director):
- Securities held prior to acquisition: 5,000 shares (0.03%)
- Securities acquired: 87,72,835 shares
- Total consideration: ₹4,38,64,175
- Securities held post acquisition: 87,77,835 shares (20.16%)
Dalvinder Kaur Ryait (Promoter & Executive Director):
- Securities held prior to acquisition: 1,44,860 shares (1.00%)
- Securities acquired: 10,00,000 shares
- Total consideration: ₹50,00,000
- Securities held post acquisition: 11,44,860 shares (2.63%)
Dates of Action
- Date of acquisition/advice: June 11, 2026
- Date of intimation to company: June 11, 2026
- Date of disclosure signing: June 15, 2026
- Date of filing with BSE: June 16, 2026
Parties Involved
- Disclosing Entity: G S Auto International Limited
- Promoters: Harkirat Singh Ryait and Dalvinder Kaur Ryait (both Executive Directors)
- Company Secretary & Compliance Officer: Jasmine Kaur
- Stock Exchange: BSE Limited
Mode of Acquisition
Rights issue (off-market transaction)
Capital Structure Impact
- Harkirat Singh Ryait's holding increased from 0.03% to 20.16%
- Dalvinder Kaur Ryait's holding increased from 1.00% to 2.63%
- Total promoter holding increased significantly through rights issue participation
Additional Information
- No derivatives trading reported by any promoters
- All disclosures signed in Ludhiana on June 15, 2026
- Digital signature by Company Secretary dated June 16, 2026 at 16:43:25 IST