The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sanjeev Lunkad & PACs

Ownership Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.5%Reaction day

₹7.95

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-5.2% vs market

Other Financial Services peers, median of 80sector+0.0%-4.5% vs sector

On the reaction day the stock moved 5.2 pts less than Nifty Microcap 250 and 4.5 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.5+0.7-5.2+0.0-4.5

Next day

-2.6+0.1-2.8+0.0-2.6

+1.9-1.0+2.9-1.2+3.0

+1.8-0.0+1.8-0.1+1.9

+1.1+0.5+0.6-0.4+1.5

+3.0+0.0+3.0+0.0+3.0

+5.0+2.1+3.0+0.2+4.9

15d

-4.3+2.9-7.2-0.4-3.9

-6.3+0.4-6.7-1.1-5.2

+16.6-5.0+21.6-5.7+22.3

-8.1-7.1-0.9-12.6+4.5

UpDownMarket · Nifty Microcap 250Sector · Other Financial Services peers, median of 80Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sanjeev Lunkad along with persons acting in concert (Sneha Lunkad, Rushank SS Lunkad, and Riddhi Lunkad) sold 42,624 equity shares of Shivansh Finserve Ltd in the open market on 7 October 2025. This reduced their combined holding from 11.34% (707,659 shares) to 10.66% (665,035 shares), a decline of 0.68%. The acquirer has confirmed that he does not belong to the promoter or promoter group of the company. The filing was made as the holding crossed below the 11% threshold, triggering disclosure requirements under SAST Regulations.

Likely market impact

This is a relatively small sale (0.68% of capital) by a non-promoter shareholder and is unlikely to have a material impact on the stock price. However, it signals that a sizeable non-promoter holder is gradually trimming his position, which retail investors may want to monitor for further selling.