The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akshay Anil Somani
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Akshay Anil Somani, a promoter of Shubham Polyspin Limited, sold 40,246 equity shares in an open market transaction on 30 March 2026. The sale reduced his holding from 15,51,000 shares (12.79%) to 15,10,754 shares (12.46%). This represents a disposal of 0.33% of the total share capital. The total equity share capital of the company remained unchanged at 1,21,22,000 shares. After this transaction, the overall promoter and promoter group shareholding in the company stands at 82,49,352 shares representing 68.05% of voting rights.
This is a minor open market sale by a promoter, reducing his stake by just 0.33%. Given the small quantum and that promoter group still holds a commanding 68.05%, this disclosure is unlikely to have any significant short-term impact on the stock price.