GNG Electronics Share Price Jumps 7% Despite Promoter's Plan to Sell 3.95% Stake

GNG Electronics share price surged as much as 7.1% during intraday trading on June 11, touching a high of ₹420.30 on the BSE. The stock later trimmed some gains but was still trading 5.6% higher at ₹414.35 per share. 

The rally came amid strong trading activity, with significant volumes recorded on both the BSE and NSE. 

Large Block Deals Seen in Pre-Opening Session 

According to Bloomberg data, around 4.49 million shares of GNG Electronics changed hands through multiple block deals during the pre-opening session. 

While the identities of the buyers and sellers were not disclosed, the large transactions attracted investor attention and boosted trading volumes in the stock. 

Promoter to Sell Up to 3.95% Stake 

In a stock exchange filing dated June 10, 2026, promoter Vidhi S. Khandelwal announced her intention to sell up to 45 lakh equity shares of the company. 

The proposed sale represents approximately 3.95% of GNG Electronics' total paid-up equity share capital and will be carried out through open market transactions. 

Key Details of the Proposed Stake Sale 

The sale may take place in one or multiple tranches before the deadline. 

Promoter Holding to Decline 

As of June 10, 2026, the promoter and promoter group collectively held 78.71% of GNG Electronics. 

Following the completion of the proposed transaction, promoter ownership is expected to fall to 74.76%. 

Read More: Gold ETFs Witness ₹725.04 Crore Net Outflow in May 2026; Silver ETFs See Massive ₹2,133 Crore Inflow 

The promoter has also stated that neither she nor other members of the promoter group will purchase shares from the open market on the days the sale is conducted.  

Conclusion 

GNG Electronics shares gained sharply on June 11 amid strong trading volumes and multiple block deals.  

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