Shareholding29 Apr 2026, 12:15 pm
Sanjeev Lunkad & PACs' Shivansh Finserve stake drops to 4.90%
AI Summary
Sanjeev Lunkad and Persons Acting in Concert (PACs) have disclosed the sale of 24,773 equity shares of Shivansh Finserve Ltd through an open market transaction on April 22, 2026. This sale reduced their combined shareholding from 5.29% (330,389 shares) to 4.90% (305,616 shares) of the total capital of the target company. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as their holding fell below the 5% threshold.
Key Highlights
- Sanjeev Lunkad & PACs sold 24,773 Shivansh Finserve shares.
- Their stake decreased from 5.29% to 4.90% of total capital.
- The transaction was executed through an open market sale.
- The disclosure was made under SEBI Takeover Regulations 29(2).
Price Impact
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