Shashank Traders Ltd

Shashank Traders Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in anticipation of the declaration of the Unaudited Standalone Financial Results for the quarter ended June 30, 2026. The trading window will be shut from July 1, 2026, until 48 hours after the results are officially declared. The company will provide a separate notification regarding the date of the Board of Directors' meeting to approve these financial results.

Shashank Traders Ltd has scheduled a Board of Directors meeting on May 30, 2026, to consider and approve the Audited Standalone Financial Results for the quarter and financial year ended March 31, 2026. The meeting will be held at the company's registered office in New Delhi. The trading window, which was closed from April 1, 2026, will reopen 48 hours after the declaration of the results.

Praveen Jaswant Rai Jain disposed of 8,24,600 equity shares of Shashank Traders Ltd in an off-market transaction at ₹30 per share on May 7, 2026. This represents 26.65% of the total share/voting capital. Post-transaction, Praveen Jain's holding in the company is NIL. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Praveen Jaswant Rai Jain disposed of 8,24,600 equity shares of Shashank Traders Ltd at ₹30 per share in an off-market transaction on May 7, 2026. This sale represents 26.65% of the total share capital. Post-transaction, Praveen Jain's shareholding in the company is NIL. The disclosure was made under SEBI regulations regarding substantial acquisition of shares and insider trading.

Prilika Enterprises Pvt Ltd acquired 274,867 equity shares of Shashank Traders Limited, increasing its total holding to 604,834 shares, representing 19.55% of the company's equity. The acquisition was made off-market on May 7, 2026. Before the acquisition, Prilika's holding was 329,967 shares, or 10.67%. The equity share capital of Shashank Traders Limited remains at ₹3,09,38,000, comprising 3,093,800 equity shares of ₹10 each.

Aditya Vikram Birla acquired 274,866 equity shares of Shashank Traders Limited, representing 8.88% of the total share/voting capital. This acquisition, made on May 7, 2026, increased Birla's total holding in the company to 670,860 shares, or 21.68% of the total share/voting capital. The disclosure was made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Shashank Traders Ltd announced the completion of a transaction under a share purchase agreement dated November 7, 2025, where AVB Endevours Private Limited, Prilika Enterprises Private Limited, and Aditya Vikram Birla acquired 8,24,600 equity shares, representing 26.65% of the company's paid-up equity share capital, at ₹30 per share. This acquisition grants the incoming members control of the company, leading to changes in the Board of Directors, including appointments and resignations.

Shashank Traders Ltd's Board of Directors approved the completion of a transaction where AVB Endevours Private Limited, Prilika Enterprises Private Limited, and Aditya Vikram Birla acquired 8,24,600 equity shares (26.65%) at ₹30 per share. This acquisition grants the AVB Group control, making them promoters. Key board changes include the appointment of Aditya Vikram Birla as Chairman and resignations of Amit Jalan and Amit Choudhary.

AVB Endeavors Pvt Ltd acquired 274,867 equity shares of Shashank Traders Limited, increasing its total holding to 664,867 shares, representing 21.49% of the company's equity. The acquisition was made off-market on May 7, 2026, according to disclosures under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The equity share capital of Shashank Traders remains at ₹3,09,38,000, comprising 3,093,800 equity shares of ₹10 each.

AVB Endeavors Pvt Ltd disclosed the acquisition of 64,000 equity shares of Shashank Traders Ltd via open market on April 13, 2026. This acquisition was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Prior to this transaction, AVB Endeavors, along with Persons Acting in Concert (PACs), held 3,20,000 shares, representing 10.34% of Shashank Traders' total equity. Following the acquisition, their total shareholding has increased to 3,84,000 equity shares, which constitutes 12.41% of the company's total paid-up capital. AVB Endeavors is not part of the promoter or promoter group. The total equity capital of Shashank Traders remains ₹3,09,38,000, comprising 30,93,800 equity shares of ₹10 each.