The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aikyam Sampati Management LLP
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Aikyam Sampati Management LLP has disclosed an acquisition of 21,671 equity shares (0.35%) of Shilp Gravures Limited on May 29, 2025, through an off-market purchase under a Share Purchase Agreement dated December 12, 2024. With this purchase, the acquirer's total holding has risen from 42.93% (26,39,953 shares) to 43.28% (26,61,624 shares). The LLP, along with its PAC Mr. Pranav Chandrakant Bhalara, has agreed to acquire a total of 37,36,207 shares (60.75%) of the target company from a group of 27 sellers, including both Indian resident shareholders and foreign shareholders. The acquirer became part of the promoter group on May 23, 2025, indicating a change in control.
This signals a major change of control at Shilp Gravures, with Aikyam Sampati Management LLP moving towards majority ownership. Shareholders should expect significant governance changes, and the stock may see heightened volatility due to the ongoing promoter transition.