BSEShilp Gravures Ltd-$CriticalNeutral
Announced Fri, 30 May · 10:58 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aikyam Sampati Management LLP

Listed Co AcquisitionStrategic Transactions 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

Aikyam Sampati Management LLP has acquired 3,99,832 equity shares (6.50%) of Shilp Gravures Limited via off-market purchase between May 27–28, 2025, under a Share Purchase Agreement dated December 12, 2024. This takes the acquirer's total holding from 36.43% (22,40,121 shares) to 42.93% (26,39,953 shares). The acquirer had already become the company's promoter on May 23, 2025, signaling a change of control. The overall SPA covers 60.75% (37,36,207 shares) of the company, being bought from around 27 sellers, including Indian promoters and foreign shareholders, notably Baldev Vitthaldas Patel (12.53%) and members of the Patel family.

Likely market impact

This is a change-of-control transaction where a new promoter group is taking over Shilp Gravures. Shareholders should expect a substantial shift in management and strategic direction as the acquirer works toward completing the agreed 60.75% acquisition, with remaining tranches likely to follow in coming months.