The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amita Ambar Patel / Ambar Patel
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Promoters Amita Ambar Patel and Ambar Jayantilal Patel have sold their entire holding of 86,991 equity shares (1.41% of the company's share capital) in Shilp Gravures Limited via an off-market transaction on May 23, 2025. The sale was executed pursuant to a Share Purchase Agreement dated December 12, 2024 between Akiyam Sampati Management LLP and the promoters. Post-transaction, their holding in the company stands reduced to zero shares, representing a complete exit by these two individuals from the promoter group.
This is a meaningful stake change where the selling promoters have completely exited their position, while another entity (Akiyam Sampati Management LLP) is acquiring their shares. Shareholders should watch for the corresponding acquirer's disclosure to understand any change in control or promoter group composition. The stock price impact is typically neutral for off-market SPA-driven transactions.