The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Intellectual Builders Pvt Ltd
Awaiting price reaction for this filing.
Intellectual Builders Pvt Ltd, which is not part of the promoter group, has disclosed a sale of 13.02 crore equity shares (2.49%) of Sunshine Capital Ltd through open market transactions under SEBI SAST Regulation 29(2). The sale was spread across three trading days: 5.67 crore shares on Aug 19, 2.75 crore on Aug 22, and 4.60 crore shares on Aug 25, 2025. This brings their holding down from 10.87% to 8.38%, taking them below the 10% substantial shareholder threshold. Sunshine Capital's total equity base is 52.29 crore shares of Re. 1 each.
A significant non-promoter holder offloading nearly 2.5% stake in just three sessions can create short-term supply pressure and signal weakening conviction in the stock. Retail investors should watch for follow-up disclosures and price support levels, as large block exits often weigh on sentiment.