We, SBL Infratech Limited submit herewith Disclosures under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Mr. Ankit Sharma, a member of the promoter group of SBL Infratech Ltd, sold a total of 86,400 shares through open market transactions on September 3 and September 4, 2025, at Rs. 41.04 and Rs. 39.90 per share respectively. On September 3, he sold 42,000 shares (5.17%), reducing his holding from 1,06,940 shares (13.18%) to 64,940 shares (8.00%). The next day, he sold another 44,400 shares (5.47%), bringing his stake further down to 20,540 shares (2.53%). The filings were submitted under Regulation 29(2) of SEBI's Takeover Regulations, which is mandatory when a promoter crosses the 5% or 2% change threshold. The company's total equity capital remained unchanged at 8,11,270 shares of Rs. 10 each.
A promoter selling a large chunk of shares (over 10% of total equity) in quick succession at falling prices (Rs. 41.04 to Rs. 39.90) is generally seen as a negative signal for retail investors, indicating reduced promoter confidence in the near-term outlook. The stock price may face selling pressure and weaker sentiment as promoter holding has dropped sharply to just 2.53%.