The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ankit Anil Somani & Akshay Somani

Promoter sold over 1%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

-4.8%Reaction day

₹23.66

prior close

₹22.72

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-5.1% vs market

Other Textile Products peers, median of 177sector+0.1%-4.9% vs sector

On the reaction day the stock moved 5.1 pts less than Nifty Microcap 250 and 4.9 pts less than its Other Textile Products 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

Stock

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10m

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15m

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30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.8+0.3-5.1+0.1-4.9

Next day

-2.8+0.6-3.3-0.2-2.6

+3.6+1.0+2.5+0.8+2.7

+8.7+3.0+5.7+0.9+7.7

+8.6+3.0+5.6+1.3+7.4

+4.7+3.5+1.2+1.4+3.3

+7.8+4.5+3.3+3.1+4.7

15d

+18.8+4.6+14.2+2.6+16.2

+37.3+6.0+31.3+3.2+34.1

+44.3+2.3+42.1-2.7+47.1

+68.8+3.9+64.9-2.8+71.5

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 177Pending

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

AI summary

Promoters Ankit Anil Somani and Akshay Anilbhai Somani of Shubham Polyspin Limited sold 1,00,000 equity shares (0.82% of total share capital) via open market on 17th and 18th June 2025. Before the sale, the two promoters jointly held 57,35,400 shares (47.31%), which has now reduced to 56,35,400 shares (46.49%). After this transaction, the overall promoter and promoter group shareholding in the company stands at 87,22,000 equity shares carrying 71.95% voting rights. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. No encumbrance or pledge details were reported in this filing.

Likely market impact

The sale is small (under 1% of equity) and the promoter group continues to hold a commanding 71.95% stake, so company control and governance remain unaffected. Retail investors may note a mild promoter sell-off but there is no meaningful change in promoter commitment.