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 Limited, sold 967 equity shares through open market on March 24, 2026. This represents 0.02% of the company's total equity share capital. His holding reduced from 3.40% (1,78,896 shares) to 3.38% (1,77,929 shares). The company's total equity capital remains unchanged at 52,62,632 shares of Rs. 10 each. The disclosure has been filed with BSE under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
This is a very small, routine sale by a single promoter group member and is unlikely to have any material impact on the stock price or shareholder sentiment. No cause for concern for retail investors.