This is to inform you that, We have received a disclosure under the Regulation 29(2) of the SEBI (SAST) Regulation, 2011 From Lavander Holding Private Limited.
Awaiting price reaction for this filing.
Sunshine Capital Ltd has informed BSE that it received a disclosure from Lavender Holdings Pvt. Ltd. regarding the sale of equity shares. Lavender Holdings, which is not part of the promoter/promoter group, sold 17,82,05,862 shares (3.40% of total share capital) through a mix of open market and off-market transactions between April 1, 2025 and May 28, 2025. Before the disposal, Lavender Holdings held 72,61,61,649 shares (13.88%); after the sale, its holding stands at 54,79,55,787 shares (10.48%). The total equity share capital of Sunshine Capital is 52,29,17,200 shares of Rs. 1 each.
Since the seller is not a promoter, this is a non-promoter entity trimming its stake and bringing its holding close to the 10% disclosure threshold. This may indicate reduced confidence or a portfolio rebalancing by a large shareholder, but is not a promoter-driven event.