The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Brijmohan Chiripal & Others
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Four promoter group members acting in concert — Brijmohan Chiripal, Ronak Chiripal, Urmiladevi Chiripal, and Savitridevi Chiripal — sold a combined 25,85,000 equity shares (1.61% of share capital) of Shanti Educational Initiatives between December 29 and December 30, 2025. Individually, Brijmohan, Ronak, and Urmiladevi each sold 7,50,000 shares (0.47% each), while Savitridevi sold 3,35,000 shares (0.21%). Their aggregate promoter holding dropped from 14.06% (2,26,31,542 shares) to 12.45% (2,00,46,542 shares). The company's total equity share capital remained Rs. 16.10 crore (16.10 crore shares of Re. 1 each). The sale appears to have been executed on the open market on BSE.
This is a promoter-group sell-off of over 1.6% in just two days, which is a negative signal that may weigh on short-term sentiment. Retail investors should monitor for further sales, as continued promoter selling can pressure the stock price.