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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Promoters Ambar Jayantilal Patel and Amita Ambar Patel sold 2,41,219 equity shares (3.92%) of Shilp Gravures Limited through an off-market transaction on May 23, 2025. The sale was executed pursuant to a Share Purchase Agreement dated December 12, 2024, between Akiyam Sampati Management LLP and the promoters of the company. Before the sale, they held 2,46,219 shares (4.00%), which has now dropped to just 5,000 shares (0.08%). The total equity share capital of the company remains 61,49,800 shares of Rs. 10 each. Effectively, the Patel promoters have nearly fully exited their stake via this single transaction.
This is a significant promoter exit, reducing their holding from 4% to a negligible 0.08%. While the shares moved to Akiyam Sampati Management LLP (a planned change-in-control), retail investors should note the change in promoter composition and any associated shift in management or strategic direction.