Senco Gold, and 3 other stocks in focus after promoters increased stake in Q3; Do you hold any?

Synopsis: In this article, we take a look at the list of stocks in which promoters increased their stakes on 2nd January 2025. The list includes companies such as Senco Gold, Gandhar Oil Refinery (India), Ador Welding, and Sangam India.

Promoter stake purchases occur when a company’s founders or key shareholders increase their ownership by buying more shares, either through the open market or structured deals like rights issues or buybacks. This move can signal various things, such as confidence in the company’s future, a belief that it’s undervalued, or preparation for significant changes like restructuring or going private.

Generally, when promoters buy more shares, it’s seen as a positive sign, indicating long-term commitment and confidence in the company’s growth. However, it may also be a strategy to strengthen control, prevent takeovers, or align their interests with other shareholders. Investors should assess the reasons behind such purchases to understand their implications.

Here are the stocks in which the promoter increased their stake

Senco Gold Limited

Senco Gold Ltd. is a leading Indian jewellery retailer with an 85+ year legacy, known for its “Senco Gold & Diamonds” brand, specialising in gold, diamond, platinum, and gemstone jewellery, including wedding and daily wear, through an extensive omnichannel network. It’s a major player in Eastern India, known for traditional craftsmanship, hallmarked gold, and innovative expansions.

Jai Hanuman Shri Siddhivinayak Trust, classified as a Promoter, acquired equity shares of Senco Gold Limited through a market purchase, which was reported to the exchange on January 2, 2026. The transaction involved the acquisition of 62,475 equity shares at an average price of Rs. 318.90 per share, amounting to a total transaction value of approximately Rs. 1.99 crore.

Following this acquisition, the Trust’s total shareholding increased to 6,79,40,171 equity shares, representing 41.50 percent of the company’s paid-up equity capital. The securities involved were Equity Shares, and the mode of acquisition was Market Purchase.

Gandhar Oil Refinery (India) Ltd

Gandhar Oil Refinery (India) Ltd., established in 1992, is a leading Indian manufacturer and global supplier of specialty oils and lubricants, known for its flagship “Divyol” brand, serving healthcare, personal care, automotive, and industrial sectors with products like white oils, transformer oils, and petroleum jelly, holding significant market share in India and globally in white oils.

Gandhar Coals & Mines Private Limited, classified as a Promoter Group, acquired equity shares of Gandhar Oil Refinery (India) Ltd through a market purchase, which was reported to the exchange on January 2, 2026. The transaction involved the acquisition of 140,000 equity shares at an average price of Rs. 154.40 per share, amounting to a total transaction value of approximately Rs. 2.16 crore.

Following this acquisition, the company’s total shareholding increased to 1,535,545 equity shares, representing 1.55 percent of the company’s paid-up equity capital. The securities involved were Equity Shares, and the mode of acquisition was Market Purchase.

Ador Welding Limited

Ador Welding Limited (formerly Advani-Oerlikon) is a leading Indian manufacturer established in 1951, specialising in welding products, equipment, consumables (electrodes, wires, fluxes), automation solutions, and project engineering for heavy industries, with a strong “Make in India” focus and recognised R&D.

Deep Ashda Lalvani, classified as a Promoter & Director, acquired equity shares of Ador Welding Limited through a market purchase, which was reported to the exchange on January 2, 2026. The transaction involved the acquisition of 2,050 equity shares at an average price of Rs. 1,052.30 per share, amounting to a total transaction value of approximately Rs. 21.57 lakh.

Following this acquisition, the total shareholding of Deep Ashda Lalvani increased to 19,489 equity shares, representing 0.11 percent of the company’s paid-up equity capital. The securities involved were Equity Shares, and the mode of acquisition was Market Purchase.

Sangam India Limited

Sangam (India) Limited (SIL) is a major, integrated textile manufacturer from India, established in 1984, specialising in polyester-viscose (PV) dyed yarn, denim, and fabrics, with a significant presence in seamless garments, exporting to many countries. The company manages the entire textile value chain, from yarn spinning to fabric and garment production, under brands like Sangam Suiting and C9.

Antima Soni, classified as a Promoter, acquired equity shares of Sangam India Limited through a market purchase, which was reported to the exchange on January 2, 2026. The transaction involved the acquisition of 41,491 equity shares at an average price of Rs. 480.40 per share, amounting to a total transaction value of approximately Rs. 1.99 crore.

Following this acquisition, the total shareholding of Antima Soni increased to 387,541 equity shares, representing 0.77 percent of the company’s paid-up equity capital. The securities involved were Equity Shares, and the mode of acquisition was Market Purchase.

Along with it, Anjana Soni Thakur, classified as a Promoter, acquired equity shares of Sangam India Ltd through a market purchase, which was reported to the exchange on January 2, 2026. The transaction involved the acquisition of 27,100 equity shares at an average price of Rs. 478.00 per share, amounting to a total transaction value of approximately Rs. 1.30 crore.

Following this acquisition, the total shareholding of Anjana Soni Thakur increased to 368,270 equity shares, representing 0.73 percent of the company’s paid-up equity capital. The securities involved were Equity Shares, and the mode of acquisition was Market Purchase.

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