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 Sanghvi, a member of the promoter group of Sterling Powergensys Limited, sold 2,980 equity shares representing 0.06% of the company's share capital through open market on 19 March 2026. His individual holding declined marginally from 3.52% (185,000 shares) to 3.46% (182,020 shares). The company has 52,62,632 equity shares of Rs. 10 each outstanding. The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations, 2011. This is a small, routine sale with no impact on overall promoter control.
Negligible impact on shareholders — the sale is just 0.06% of total capital and reduces the individual's promoter stake by a tiny amount. No meaningful change in ownership or control structure.