The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shashin V Patel
SADBHAV · price
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Promoter group member Shashin V. Patel has filed a disclosure under SEBI SAST Regulations regarding an encumbrance (pledge/lien) created on 437,500 shares of Sadbhav Engineering Ltd, representing 0.25% of the company's voting capital. Prior to this transaction, Patel held 10,324,072 shares (6.02% stake) in the company. The encumbrance is incremental, so his beneficial ownership remains at 6.02%, but the pledged portion of his holdings has increased. Both BSE and NSE-listed shares are covered in this disclosure dated November 26, 2025.
This is a routine SAST disclosure showing a small additional pledge by a promoter; ownership stays unchanged at 6.02% so there is no direct dilution risk, but investors should monitor if more shares are pledged or if encumbrance levels rise significantly.