The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Baldev Vithaldas Patel
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Promoter Baldev Vithaldas Patel has sold his entire holding of 5,000 equity shares (0.08% of paid-up capital) in Shilp Gravures Limited on June 10, 2025 through an off-market transaction. The sale was executed pursuant to a Share Purchase Agreement dated December 12, 2024 between Akiyam Sampati Management LLP and the company's promoters. Post-transaction, Patel holds zero shares in the company. The total equity share capital of the company remains unchanged at 61,49,800 shares of Rs. 10 each.
This is a very small stake sale (0.08%) representing a complete exit by an individual promoter, likely part of a broader promoter restructuring tied to the SPA with Akiyam Sampati Management LLP. Minimal direct impact on share price given the tiny quantum traded.