The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Niraj Rajnikant Shah
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Awaiting price reaction for this filing.
Niraj Rajnikant Shah, a non-promoter shareholder of Sylph Technologies Limited, has disclosed the sale of 2,03,13,423 equity shares (2.40% of the company's share capital) through open market transactions between September 26, 2025 and October 08, 2025. His holding in the company has reduced from 9,10,38,046 shares (10.74%) to 7,07,24,623 shares (8.34%). The equity share capital of the company remains Rs. 84,77,56,000 (84.77 crore equity shares of Re. 1 each). The filing was made on October 09, 2025 with BSE. Note: The BSE headline refers to the company as Sylph Industries Ltd, but the disclosure document identifies the target company as Sylph Technologies Limited.
A non-promoter large shareholder (holding above 10% before the sale) has trimmed his stake by over 2% via open market. This could create temporary supply-side pressure on the stock, though the holding remains substantial at 8.34%.