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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Chiripal Exim LLP, along with person acting in concert Savitridevi V Chiripal, sold 24,19,963 equity shares (1.50% of total share capital) of Shanti Educational Initiatives Ltd between November 7 and November 10, 2025, through the open market. Of this, Chiripal Exim LLP sold 14,69,898 shares (0.91%) and Savitridevi V Chiripal sold 9,50,065 shares (0.59%). As a result, their combined promoter group holding fell from 9.08% (1,46,01,138 shares) to 7.57% (1,21,81,175 shares), with no pledged or encumbered shares involved.
This is a meaningful promoter selling action — over 1% of equity offloaded in four sessions — which could weigh on short-term sentiment given reduced promoter skin in the game, though it also frees up float for the stock.