Silgo Retail Limited has informed the Exchange regarding 'Disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011'.
SILGO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Goldendunes Builders and Developers Pvt. Ltd., a non-promoter shareholder, sold 10,44,233 equity shares (3.273%) of Silgo Retail Limited through open market transactions between 15 May and 20 May 2026. The seller offloaded shares on four trading days: 3,03,000 (15 May), 2,80,000 (18 May), 2,75,268 (19 May), and 1,85,965 (20 May). Post-sale, Goldendunes' holding reduced from 11.287% (36,01,508 shares) to 8.014% (25,57,275 shares). The total diluted share capital of Silgo Retail remains at 3,19,08,860 shares (face value Rs. 10 each). The disclosure is under Regulation 29(2) of SEBI (SAST) Regulations, 2011 for substantial acquisition/sale of shares.
A non-promoter investor has reduced their stake by over 3 percentage points in the open market, which could signal a neutral to slightly negative signal for the stock as it indicates selling pressure from a relatively significant shareholder.