Announced Tue, 9 Sept · 12:35 IST

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

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoter Sunil Raisoni has sold 18,50,000 equity shares of Shradha AI Technologies Ltd through an off-market transaction on 5 September 2025. His stake in the company fell from 28.16% (1,71,67,140 shares) to 25.13% (1,53,17,140 shares), a reduction of about 3.03%. The disclosure was filed under SEBI's takeover regulations because the change exceeded 2% of the company's share capital. The identity of the buyer is not mentioned in the disclosure.

Likely market impact

This is a notable reduction in promoter holding, which may be viewed negatively by retail investors as it could signal the promoter is partly exiting. However, the promoter still retains a significant 25.13% stake, and off-market deals are often private arrangements rather than open-market sell-offs, so the direct impact on the stock price may be limited.