The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shri Shri Resorts Pvt Ltd
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 0.6 pts less than its Pharmaceuticals & Biotechnology peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Shri Shri Resorts Pvt Ltd, a member of the promoter group of Vivo Bio Tech Ltd, sold 10,00,000 equity shares through an on-market sale on June 8, 2026. Before the sale, the entity held 10,67,000 shares (4.81% of equity capital, 3.56% on a diluted basis); after the sale, it holds just 67,000 shares (0.30% of equity, 0.22% diluted). This effectively amounts to a near-complete exit by this promoter group entity from the company. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011. Total equity capital of the company is 2,21,90,628 shares.
This is a significant promoter group exit that may signal waning confidence in the company, though the sale is on-market and orderly. Shareholders should monitor price action closely and check whether other promoter entities are also reducing their holdings, which could put downward pressure on the stock in the short term.