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

-4.7%Reaction day

₹7.89

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-1.7%-3.0% vs market

Other Financial Services peers, median of 80sector-0.6%-4.1% vs sector

On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 4.1 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

-4.7-1.7-3.0-0.6-4.1

Next day

-9.4-1.3-8.1-0.9-8.5

-5.6-1.7-3.9-0.8-4.8

-10.3-1.9-8.3-1.0-9.3

-13.3-1.0-12.3-0.8-12.5

-12.8-1.1-11.7-1.6-11.2

-8.5-0.6-7.9-1.6-6.9

15d

+10.6-3.0+13.7-4.6+15.3

+24.2-8.1+32.3-9.1+33.3

-10.0-4.8-5.2-9.1-0.9

-14.7-9.1-5.6-14.4-0.3

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, Rushankss Lunkad, Riddhi Lunkad), has sold 98,028 equity shares (1.57%) of Shivansh Finserve Ltd in the open market on 03 November 2025. Their combined holding fell from 10.43% (650,728 shares) to 8.86% (552,700 shares), crossing below the 9% mark. The acquirer is not part of the promoter/promoter group, and no encumbrance (pledge/lien) is involved. The transaction was disclosed under Regulation 29(2) of SEBI's Takeover Regulations due to the holding dropping below the 10% disclosure threshold.

Likely market impact

A non-promoter shareholder reducing their stake below 10% could signal mild negative sentiment, but since the seller is not a promoter, the impact on shareholder confidence is limited. Small-cap, low-float stocks like Shivansh Finserve can see short-term price pressure from such open-market sales.