The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ambar Patel / Amita Patel
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Ambar Patel and Amita Patel, members of the promoter group of Shilp Gravures Limited, have sold their entire holding of 5,000 equity shares (0.08% of the company's share capital) via 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, the promoters' holding has gone to zero shares. The company's total equity share capital remains unchanged at 61,49,800 shares of Rs. 10 each. This appears to be part of a pre-arranged promoter exit or stake sale arrangement with Akiyam Sampati Management LLP.
For shareholders, this signals a partial promoter exit from Shilp Gravures. While the quantum is small (0.08%), it is linked to a broader Share Purchase Agreement with Akiyam Sampati Management LLP, which may indicate a larger ownership change or restructuring is underway. Investors should watch for further disclosures from the company regarding the full terms of the agreement.