The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gajanan Vamanrao Bhavsar / Sangita Bhavsar
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Awaiting price reaction for this filing.
Promoters Gajanan Vamanrao Bhavsar and Sangita Bhavsar have sold their entire holding of 3,09,410 equity shares (5.03% of total share capital) in Shilp Gravures Limited via an off-market transaction on 26th May 2025. The sale was executed under a Share Purchase Agreement dated 12th December 2024 between M/s. Akiyam Sampati Management LLP (buyer) and the promoters of Shilp Gravures. Post-sale, the selling promoters' holding has gone from 5.03% to 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 two named promoters via a private deal with Akiyam Sampati Management LLP, which is significant as they held over 5% of the company. While the stock price may not be directly impacted since this was an off-market deal, it signals a change in promoter composition that long-term investors should monitor.