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Consumer Food · Micro cap

Ganesh promoter buys ₹4.98 cr of stock on the open market

Manish Mimani raised his stake from 5.74% to 6.34% with an open-market purchase days after a credit upgrade and annual results.

2 earlier stories on Ganesh Consumer Products Ltd.
Mkt cap₹844 cr
P/E19.92×
ROE15.62%
Debt / eq.0.22
₹4.98 cr Value of open-market shares bought by the MD/promoter.

What's new

  • MD and promoter Manish Mimani bought 2,39,900 shares on June 1 and 2.
  • His stake rose from 5.74% to 6.34% of Ganesh Consumer Products.
  • The purchase followed the company's annual results and a credit upgrade to CARE A+.

Why this matters

For a ₹852 crore micro-cap, a ₹4.98 crore open-market purchase is a direct, personal bet by the person running the company. The timing is the story: Mimani bought right after positive disclosures, putting real money behind the recent fundamental good news.

What we're watching

  • Whether the buying continues at current levels.
  • The stock's reaction to the promoter's visible confidence.
  • Any broader promoter-group activity.

The full read

Manish Mimani, the MD and promoter of Ganesh Consumer Products, spent ₹4.98 crore of his own money on 2,39,900 open-market shares last week. The purchases on June 1 and 2 lifted his stake from 5.74% to 6.34%. For a ₹852 crore micro-cap, that's a meaningful personal bet. The context matters. Ganesh just reported its annual results and secured a credit upgrade to CARE A+ from CARE Ratings. A promoter buying on the open market after positive disclosures is the clearest signal of conviction the market gets.

Questions answered

How much did the Ganesh promoter buy and at what price?
Manish Mimani acquired 2,39,900 shares for approximately ₹4.98 crore through open-market transactions on the NSE on June 1 and 2.
What was Mimani's stake before and after this purchase?
His individual holding in Ganesh Consumer Products increased from 5.74% to 6.34% following the acquisition.
What was the context for this purchase?
The buying occurred shortly after the company disclosed its annual results and received a credit rating upgrade to 'CARE A+' from CARE Ratings.
How significant is this purchase for a company of Ganesh's size?
The company has a market capitalization of ₹852 crore. The ₹4.98 crore purchase represents about 0.58% of the total market cap.
Mentioned: Manish Mimani · ₹4.98 crore · CARE A+
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 4 Jun 2026 · 10:59 AM IST Ganesh promoter buys ₹4.98 cr of stock on the open market
  2. 13d ago Ganesh Consumer Products delivers 2.5% revenue growth in FY26
  3. 13d ago Ganesh Consumer Products delivers 20% profit growth in FY26