SGFINBSESG Finserve LtdHighNegative
Announced Tue, 17 Jun · 17:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sahil Gupta

Ownership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sahil Gupta, a non-promoter shareholder of SG Finserve Ltd, has sold 12,89,000 equity shares (2.31% of paid-up capital) through open market transactions between May 22, 2025 and June 09, 2025. Following this sale, his holding in the company reduced from 30,39,000 shares (5.44%) to 17,50,000 shares (3.13%). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, 2011. The sale was executed in the open market at face value of ₹10 per share, with the company's total equity share capital remaining at 5,58,95,000 shares.

Likely market impact

This is a non-promoter, non-material reduction in holding — not likely to have a meaningful impact on stock price or shareholder value, though it indicates a moderate-sized investor exiting part of their position.