The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sveta Alloys LLP
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Sveta Alloys LLP, part of the promoter group of Sterling Powergensys Ltd, sold 1,648 equity shares in the open market on 22 May 2025. The shares were sold at a price equivalent to 0.03% of the total equity (the actual rupee price is not disclosed in the filing). Before the sale, Sveta Alloys LLP held 189,548 shares (3.60%); after the sale, its holding stands at 187,900 shares (3.57%). The total equity share capital of the company remains unchanged at 52,62,632 shares of Rs. 10 each.
This is a very small, routine sale by a single promoter group entity and is unlikely to have any meaningful impact on the stock price or overall promoter control of the company.