The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anal Nandan Patel
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Anal Nandan Patel, a promoter of Shilp Gravures Limited, has disclosed an off-market sale of 650 equity shares (0.01% of the company's share capital) executed on June 4, 2025. The transaction was carried out pursuant to a Share Purchase Agreement dated December 12, 2024, between Akiyam Sampati Management LLP and the promoters of the company. After this sale, Patel holds 0 shares in the company, down from 650 shares (0.01%) previously. The company's total equity share capital remains unchanged at 61,49,800 shares of Rs. 10 each. The filing is a routine regulatory disclosure under SEBI's Takeover Regulations.
This is a very minor sale (just 650 shares or 0.01%) by a single promoter, so it has negligible impact on the stock price or overall promoter shareholding. However, it signals completion of a previously announced Share Purchase Agreement with Akiyam Sampati Management LLP, which investors should monitor for any further stake changes.