The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Priyank Gajanan Bhavsar
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Priyank Gajanan Bhavsar, part of the promoter group of Shilp Gravures Limited, has sold his entire holding of 36,455 equity shares (0.59% of total share capital) through an off-market transaction on May 23, 2025. The sale was carried out under a Share Purchase Agreement dated December 12, 2024, between Akiyam Sampati Management LLP and the promoters of the company. After this sale, his holding in the company stands at zero shares. The company's total equity share capital remains unchanged at 61,49,800 shares of Rs. 10 each.
This is a small (sub-1%) stake sale where a promoter has fully exited their position, transferring shares to Akiyam Sampati Management LLP. For retail investors, the impact is minimal in terms of shareholding change, but it signals promoter reorganisation as part of an earlier SPA.