The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjeev Lunkad & PACs
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Sanjeev Lunkad, along with PACs Sneha Lunkad, Rushankss Lunkad and Riddhi Lunkad, acquired 2,872 equity shares (0.04%) of Shivansh Finserve Ltd through open market on 1 August 2025. This small purchase pushed their combined holding from 14.96% (933,251 shares) to exactly 15% (936,123 shares), triggering the mandatory disclosure under SEBI's Takeover Regulations. Importantly, the acquirer has confirmed they do not belong to the promoter or promoter group of the company. The equity share capital of the company stands at Rs.6.24 crore (62,40,000 shares of Rs.10 each).
This is a routine regulatory disclosure triggered by crossing the 15% substantial shareholder threshold. Since the acquirer is not a promoter and the incremental purchase is tiny (just 2,872 shares), there is no immediate takeover threat or negative implication for existing shareholders — it's purely a compliance filing.