The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suresh Kumar Sharma
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Suresh Kumar Sharma, part of the promoter group of Shakti Press Limited, sold 8,583 equity shares (0.244% of total share capital) through the open market on 20th April 2026. His stake dropped from 97,984 shares (2.783%) to 89,401 shares (2.539%). The company's total equity share capital remains unchanged at 35,20,200 shares of Rs. 10 each. This is a routine disclosure under SEBI's Takeover Regulations, with shares sold ranking pari-passu with existing equity shares.
This is a small-scale trimming by a minor promoter (holding under 3%) and is unlikely to materially affect share price or shareholder confidence. Investors should note the open-market nature of the sale, indicating no distress or forced exit.