The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Atul Manilal Vinchhi
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Atul Manilal Vinchhi, a member of the promoter group of Shilp Gravures Limited, has sold his entire holding of 3,68,277 equity shares (5.99% of the company's share capital) through an off-market transaction on May 28, 2025. The sale was executed pursuant to a Share Purchase Agreement dated December 12, 2024, between Akiyam Sampati Management LLP and the promoters of the company. After this transaction, the seller's holding in Shilp Gravures stands reduced to zero shares. The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, 2011.
This represents a complete exit by one of the promoters, transferring their 5.99% stake to Akiyam Sampati Management LLP. Shareholders should note the change in promoter shareholding and monitor whether this signals broader changes in the company's ownership structure or control dynamics.