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
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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.
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.