StockWatch
·
Construction Vehicles
Shareholding16 Sept 2026, 08:00 pm

Rishi Sanghvi Acquires 1.05 Cr Shares in Sanghvi Movers

AI Summary

Rishi Sanghvi, a member of the Promoter Group of Sanghvi Movers Limited, has acquired 1,05,53,614 shares, representing 12.19% of the total voting capital. This acquisition, which occurred on September 10, 2026, has increased his direct shareholding in the company to 1,43,96,880 shares, constituting 16.63% of the total equity share capital. Prior to this transaction, Sanghvi held 2,49,50,494 shares, representing 28.82% of the voting capital. The acquisition was conducted off-market.

Key Highlights

  • Rishi Sanghvi acquired 1.05 crore shares, increasing his stake.
  • His total holding now stands at 16.63% of the company's equity.
  • The transaction was executed off-market on September 10, 2026.
  • This is a significant shareholding change within the promoter group.