The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neil Roshan Shah / Roshan Shah
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Awaiting price reaction for this filing.
Promoters Neil Roshan Shah and Roshan Harshvadan Shah have completely exited Shilp Gravures Limited by selling their entire 1,22,981 equity shares (2.00% of paid-up capital) via an off-market transaction on 26th May 2025. The sale was executed pursuant to a Share Purchase Agreement dated 12th December 2024 between promoters and M/s. Akiyam Sampati Management LLP. The sellers' holding dropped from 1,22,981 shares (2.00%) to zero, and the total equity capital of the company remains unchanged at 61,49,800 shares of Rs. 10 each.
This is a complete promoter exit from Shilp Gravures by these two individuals, with their stake transferring to Akiyam Sampati Management LLP. The change in promoter composition, rather than a change in total promoter holding, may be neutral for the stock in the short term, but shareholders should monitor the incoming entity's plans and any further promoter group restructuring.