The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kumudben H Shah & Sandeep Shah
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Promoters Kumudben H Shah and Sandeep Harshvadan Shah have sold 7,000 equity shares (0.11% of the company's share capital) of Shilp Gravures Ltd through an off-market transaction executed on May 27, 2025. These shares were previously held as encumbered (pledge/lien/non-disposal undertaking) holdings, which now stand reduced to zero. The sale was carried out pursuant to a Share Purchase Agreement dated December 12, 2024, between M/s. Akiyam Sampati Management LLP and the promoters of the company. The company's total equity share capital remains unchanged at 61,49,800 shares of Rs. 10 each, and there is no change in the broader share capital structure.
The transaction size is very small (0.11%) so it is unlikely to materially affect the stock price. However, it completes the transfer of encumbered promoter shares to Akiyam Sampati Management LLP as part of the December 2024 SPA, clearing the pledge book for these promoters and consolidating the acquirer's stake in the company.