The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chiripal Exim LLP
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Awaiting price reaction for this filing.
Chiripal Exim LLP, part of the promoter group of Shanti Educational Initiatives Ltd, sold 5,88,022 equity shares (0.37% of total share capital) on 19 February 2026 through a sale transaction. Prior to the sale, Chiripal Exim LLP held 65,40,902 shares (4.06%), which has now reduced to 59,52,880 shares (3.70%). The company's total equity share capital remains unchanged at Rs.16.10 crore (16.10 crore shares of Rs.1 each). The disclosure was filed on 23 February 2026 by Chiripal Exim LLP to comply with SEBI's takeover regulations.
This is a relatively small sale (0.37%) by one promoter group entity, reducing its individual holding from 4.06% to 3.70%. Since the stake change is minor and below the 1% mark, the immediate impact on the stock price is likely limited, though continued promoter selling could be monitored by investors for any broader pattern.