The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Sanghvi
SHAILY · price
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Awaiting price reaction for this filing.
Amit Sanghvi, part of the promoter group of Shaily Engineering Plastics Ltd, has filed a revised disclosure under SEBI's SAST Regulations with BSE. The revision clarifies that his earlier reported sale of 1,00,000 equity shares on 14 November 2025 was done via the open market route (the original disclosure submitted on 15 November had omitted the mode of sale, which BSE flagged as a discrepancy). The shares sold represent 0.22% of the company's equity, bringing his individual holding down from 2.84% to 2.62%. The transaction value was approximately Rs. 9.19 crore, based on the company's total equity capital of 4,59,55,093 shares of Rs. 2 each.
This is only a correction of a prior regulatory filing, not a new transaction. The actual promoter sale is very small (0.22% of equity) and is unlikely to have any meaningful impact on the stock price or shareholder sentiment.