The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pradeep Sanghvi
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Pradeep Gorakhchand Sanghvi, a member of the promoter group of Sterling Powergensys Ltd, sold 2,124 equity shares in the open market on BSE on March 20, 2026. The total value of the transaction was approximately Rs. 40,780.80. Post-sale, his shareholding decreased from 182,020 shares (3.46%) to 179,896 shares (3.42%) of the company. The equity share capital of the company remains unchanged at 52,62,632 shares of Rs. 10 each. This is a routine SEBI SAST Regulation 29(2) disclosure filed by the promoter group member for an open market sale.
The sale is very small in both size (0.04% of equity) and value (around Rs. 41,000), so it is unlikely to have any meaningful impact on the stock price or shareholder sentiment. The promoter group's overall control of the company is unaffected by this minor trimming.