Announced Fri, 27 Mar · 15:35 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pradeep Sanghvi

Ownership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+6.2%1-day move
₹17.89
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.2+3.7+6.8+11.7+16.8+17.4+124.7+91.7+71.8+82.2
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AI summary

Pradeep Gorakhchand Sanghvi, a member of the promoter group of Sterling Powergensys Ltd, sold 17,929 equity shares in the open market on 25 March 2026. This reduced his individual holding from 177,929 shares (3.38%) to 160,000 shares (3.04%) of the company. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations. The total share capital of the company remained unchanged at 52,62,632 equity shares of Rs. 10 each.

Likely market impact

This is a small open-market sale by a single promoter group member, reducing his personal stake by just 0.34%. The change is too minor to meaningfully affect share price or signal any shift in promoter confidence in the company.