BSEShilp Gravures Ltd-$HighNegative
Announced Mon, 23 Jun · 15:40 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vishnu Patel

Promoter Stake Sell 1pctOwnership Changes View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Vishnu Patel, a member of the promoter group of Shilp Gravures Limited, has sold his entire holding of 3,33,228 equity shares (5.42% of the company's voting capital) through an off-market transaction on June 19, 2025. The sale was executed pursuant to a Share Purchase Agreement dated December 12, 2024 between Akiyam Sampati Management LLP and the Promoters. Post-transaction, his holding stands reduced from 5.42% to nil, marking a complete exit by this individual promoter. The company's total equity share capital remains unchanged at 61,49,800 shares of Rs. 10 each.

Likely market impact

This represents a full exit by one of the promoters, reducing the promoter group's collective shareholding in the company. Shareholders should monitor whether this is part of a broader promoter restructuring or signals any change in promoter commitment, and watch for any further disclosures from other promoter group members.