The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shivani Textiles Ltd
Awaiting price reaction for this filing.
Shivani Textiles Ltd, classified as a Promoter of Pasupati Fincap Ltd, sold its entire holding of 3,36,900 shares (7.17% of paid-up capital) through an off-market sale on 5 June 2025. After this transaction, the promoter's holding in Pasupati Fincap drops from 7.17% to NIL, meaning a complete exit by Shivani Textiles from the company. The shares were sold off-market (not on the exchange), so there was no direct impact on the stock's traded volume. Pasupati Fincap has a total equity base of 47 lakh shares of Rs 10 face value each.
A full promoter exit — even via off-market route — is generally a negative signal for retail investors as it suggests the promoter sees limited future value or wants to monetise completely. Watch for who bought the 7.17% stake, as a new large shareholder could later influence board decisions or trigger an open-market sale.