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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Awaiting price reaction for this filing.
Mr. Ankit Sharma, part of the promoter/promoter group of SBL Infratech Limited, sold 12,000 shares at Rs. 39.83 on 22 August 2025 and another 12,000 shares at Rs. 37.30 on 26 August 2025 through the open market. After these two transactions, his holding dropped from 1,44,140 shares (17.77%) to 1,20,140 shares (14.81%) of the company. The filings were made under Regulation 29(2) of SEBI Takeover Regulations, which require promoters to disclose any change in their shareholding exceeding 2% in a financial year. The company's total equity remains at 8,11,270 shares of Rs. 10 each. The declining average sale price (Rs. 39.83 to Rs. 37.30) suggests the promoter may have continued selling at lower prices.
Promoter selling on two consecutive trading days at declining prices is a mildly negative signal for retail investors, suggesting reduced promoter confidence or a need to exit. The promoter stake now stands at 14.81%, well below the 50% mark and also below the creeping acquisition threshold.