The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rachit Gajanan Bhavsar / Gajanan Bhavsar
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Rachit Gajanan Bhavsar and Gajanan Vamanrao Bhavsar, members of the promoter group of Shilp Gravures Ltd, have sold their entire holding of 26,502 equity shares (0.43% of total share capital) via an off-market transaction on May 23, 2025. The sale was executed pursuant to a Share Purchase Agreement dated December 12, 2024, between the promoters and Akiyam Sampati Management LLP. After this transaction, the sellers' holding in the company stands reduced to zero shares (0%). The company's total equity share capital remains unchanged at 61,49,800 shares of Rs. 10 each.
This is a complete exit by a promoter-group entity, transferring their stake to Akiyam Sampati Management LLP. While the size is small (0.43%), it signals a change in the promoter group's composition and may indicate strategic restructuring among promoters.