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
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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.
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.