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BSEShilp Gravures Ltd-$· Industrial ProductsHighNegative
Announced Tue, 27 May, 2025 · 17:39 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jay Roshan Shah / Roshan Shah

Promoter sold over 1%Ownership Changes View source PDFExplain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction

Awaiting price reaction for this filing.

AI summary

Promoters Jay Roshan Shah and Roshan Harshvadan Shah sold their entire holding of 1,00,000 equity shares (1.63%) in Shilp Gravures Limited via an off-market transaction on May 26, 2025. The sale was executed pursuant to a Share Purchase Agreement dated December 12, 2024 between the promoters and Akiyam Sampati Management LLP. Post-transaction, the sellers' holding stands reduced from 1.63% to 0%. The company's total equity capital remains unchanged at 61,49,800 shares of Rs. 10 each.

Likely market impact

This is a complete exit by these two individual promoters, transferring their stake to Akiyam Sampati Management LLP. While the stake size is small (1.63%), it signals a change in the promoter group's composition and may raise mild governance questions about promoter continuity.