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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Price reaction · full curve 14 horizons · vs prior close

-7.4%1-day move

₹19.90

prior close

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base price

After-mkt

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5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-7.4-10.1-2.8-4.5-6.8+0.4+59.6+111.6+50.3+71.2

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AI summary

Pradeep Gorakhchand Sanghvi, a member of the promoter group of Sterling Powergensys Limited, sold 1,000 equity shares in the open market on 23 March 2026. His holding in the company decreased marginally from 179,896 shares (3.42%) to 178,896 shares (3.40%). The transaction was carried out on BSE and the company's total equity share capital remained unchanged at 52,62,632 shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, suggesting cumulative promoter group share movement may have crossed a reporting threshold. The sale size is very small in proportion to the total share capital of the company.

Likely market impact

The sale is negligible at just 0.02% of share capital and is unlikely to have any material effect on the stock price. Retail investors should view this as routine disclosure compliance rather than a meaningful change in promoter holding.