The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Silverstone Consultancy Services Pvt Ltd
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Awaiting price reaction for this filing.
Silverstone Consultancy Services Private Limited, a non-promoter entity, has sold 1,00,000 equity shares (1.67%) of Tavernier Resources Limited (Scrip: 531190) in the open market on April 11, 2025. Prior to the sale, Silverstone held 9,64,900 shares (16.14%); after the sale, its holding stands at 8,64,900 shares (14.47%). The acquirer explicitly stated it does not belong to the promoter or promoter group of the company. The total equity share capital of Tavernier Resources remains unchanged at Rs. 5.97 crore (59.79 lakh shares of Rs. 10 each).
This is a routine SAST disclosure showing a non-promoter shareholder trimming its stake by 1.67% via open market sale. Such disclosures typically have a mild negative sentiment but minimal price impact since the seller is not part of the promoter group and the reduction is modest.