The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satish Patil
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Satish Patil, a member of the promoter group of Shilp Gravures Limited, executed an off-market sale of 6,200 equity shares (0.10% of the company's total share capital) on 26th May 2025. The transaction was carried out pursuant to a Share Purchase Agreement dated 12th December 2024 between Akiyam Sampati Management LLP and the promoters. Before the sale, Satish Patil held 6,200 shares (0.10%), and after the sale, his holding stands at zero. The disclosure has been filed with BSE as required under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
This is a minor inter-se transfer within the promoter group as part of a previously agreed share purchase arrangement. Since only 0.10% equity changed hands via an off-market deal, the impact on the stock price or retail shareholders is negligible.