Submission of disclosure u/r 29(2) of SEBI(SAST) Regulation, 2011.
Awaiting price reaction for this filing.
Sunshine Capital Ltd has informed BSE that it received a Regulation 29(2) disclosure from Blue Bell Finance Ltd, a non-promoter shareholder, regarding the sale of equity shares in the company. Before the disposal, Blue Bell Finance held 35.31 crore shares (6.75%) and sold 16.13 crore shares (3.08%) through open market transactions on September 1 and September 2, 2025. After the sale, their holding has come down to 19.18 crore shares (3.67%) of Sunshine Capital's equity capital of 52.29 crore shares of Re.1 each. The transactions were carried out entirely through the open market route with no encumbrance or pledge involved.
This is a non-promoter public shareholder trimming its stake from above the 5% disclosure threshold to below it, which may indicate reduced institutional interest in the stock. Retail investors should note that a large block of shares was sold in two days, which could create short-term supply pressure on the stock price.