The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Roshan Harshvadan Shah / Arti Shah
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Awaiting price reaction for this filing.
Promoters Roshan Harshvadan Shah and Arti Shah have sold their entire holding of 113,404 equity shares (1.84% of paid-up capital) in Shilp Gravures Limited through an off-market transaction on May 26, 2025. Post-sale, their holding has come down to zero from 1.84% earlier. The transaction was executed pursuant to a Share Purchase Agreement dated December 12, 2024, between Akiyam Sampati Management LLP (the buyer) and the promoters of the company. The total share capital of the company remains unchanged at 61,49,800 equity shares of Rs. 10 each. This disclosure has been filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
This represents a complete exit by these two promoter-group members, but since it was part of a previously announced SPA (from December 2024), the market was likely expecting this transaction. The 1.84% stake size is relatively small, so direct price impact may be limited, but the direction of promoter selling is worth monitoring.