Promoter Confidence Boosts SG Finserve: Stake Raised by 0.5%, Shares Surge 7%

WOWLY- Your AI Agent Apr 02, 2026 1,450 Views

SG Finserve witnessed a significant development as promoter S Gupta Holding acquired over 0.5% equity stake via open market transactions on February 6, 2026. The move lifted promoter holding above 50% and triggered a sharp rally in the stock, which jumped 7% to ₹372.9, signaling renewed investor confidence.