Silgo Retail Limited has informed the Exchange regarding Disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011
SILGO · price
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Goldendunes Builders and Developers Pvt. Ltd., a non-promoter shareholder of Silgo Retail Limited, sold a total of 7,78,195 equity shares (2.433% of total capital) through open market transactions between 22 April 2026 and 7 May 2026. The sale was conducted across five trading sessions, with the largest single-day disposal of 3,63,016 shares on 6 May 2026. Prior to the sale, the entity held 55,24,732 shares (17.272%). After the sale, its holding reduced to 47,46,537 shares (14.839%). The total equity share capital of the company is 3,19,85,888 shares valued at Rs. 31.99 crore. The acquirer confirmed it does not belong to the promoter or promoter group of the company.
A non-promoter shareholder reducing their stake by 2.43% over two weeks may signal loss of confidence or portfolio rebalancing. The stock could face mild selling pressure, especially given the consistent daily sales pattern.