Sadbhav Engineering Limited has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.t
SADBHAV · price
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Shashin V. Patel has acquired 1,08,99,090 equity shares (6.35%) of Sadbhav Engineering Limited through transmission, following the death of Mrs. Shantaben Vishnubhai Patel, a member of the promoter group. The transaction was executed on 30th December 2025 at NIL consideration, as it is a transmission-based transfer within the family. Post-transaction, Shashin V. Patel's holding has increased from 6.27% (1,07,61,572 shares) to 12.62% (2,16,60,662 shares), while Mrs. Shantaben's holding reduced from 9.82% to 3.47% (59,51,585 shares). The disclosure is filed under Regulation 10(1)(g) of SEBI (SAST) Regulations, 2011, which exempts intra-promoter-group transmissions from the open offer requirement. Total paid-up share capital of the company is 17,15,70,800 shares.
This is a non-market, family-level transmission of shares within the promoter group and involves no cash transaction. Shareholders should note that the overall promoter group's combined stake remains unchanged, though it is now more concentrated in Shashin V. Patel's name. No material impact on stock price is expected as no new buying or selling pressure is introduced into the market.