Sattva Sukun promoter Roshan Dealmark sells 14 lakh shares on-market

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Roshan Dealmark Private Limited sold 14,00,000 equity shares on September 7, 2026
  • Promoter group stake fell from 6.02% to 5.66% following the disposal
  • Puja Agarwal's holding of 80,000 shares remained unchanged
  • Transaction disclosed under SEBI SAST and PIT regulations
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Sattva Sukun Lifecare Ltd promoter Roshan Dealmark Private Limited disposed of 14,00,000 equity shares through an on-market transaction on September 7, 2026. The sale reduces the promoter group’s aggregate stake in the company to 5.66%.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. Roshan Dealmark is part of the promoter group acting in concert with Puja Agarwal.

Holding Changes

Before the transaction, Roshan Dealmark held 2,30,49,777 shares, while Puja Agarwal held 80,000 shares. The combined promoter group stake stood at 2,31,29,777 shares, representing 6.02% of the total diluted share capital.

Following the disposal, Roshan Dealmark’s holding decreased to 2,16,49,777 shares. Puja Agarwal’s stake remained unchanged at 80,000 shares. The total promoter group holding now stands at 2,17,29,777 shares.

Metric Before Disposal After Disposal
Total Shares Held 2,31,29,777 2,17,29,777
Stake Percentage 6.02% 5.66%
Shares Sold - 14,00,000

The company’s paid-up equity capital remains unchanged at ₹38,36,01,248, comprising 383,601,248 shares of ₹1 each. The transaction was executed entirely through on-market trades on the Bombay Stock Exchange.

Historical Stock Returns for Sattva Sukun Lifecare

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.36%+13.86%+66.67%+43.75%-67.88%

What strategic rationale drove Roshan Dealmark to reduce its promoter stake to below 6%, and does this signal a broader exit strategy for the promoter group?

How might this reduction in promoter holding impact the company's credit ratings or future ability to raise debt financing?

Will the decrease in promoter stake trigger any mandatory disclosure requirements or affect the company's listing status on the Bombay Stock Exchange?

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SSRV and Associates resigns as Tavexia Lifecare statutory auditor

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • M/s. SSRV and Associates resigned as statutory auditor effective September 7, 2026
  • Cited preoccupation with other professional assignments and workload constraints
  • Firm was appointed on September 30, 2023, for a five-year term
  • Last limited review report submitted on August 4, 2026, for quarter ended June 30, 2026
  • No reportable concerns were raised with the Audit Committee prior to resignation
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Tavexia Lifecare Limited (formerly Sattva Sukun Lifecare Limited) announced that M/s. SSRV and Associates has resigned as its statutory auditor with immediate effect on September 7, 2026.

The chartered accountancy firm cited preoccupation with other professional assignments and workload constraints as the reason for stepping down. The resignation was communicated to the Board of Directors via a letter dated September 7, 2026.

Auditor Tenure and Transition

SSRV and Associates was originally appointed as the statutory auditor on September 30, 2023. The Board of Directors had approved their reappointment for a second term of five consecutive years in August 2023, covering the period until the conclusion of the 48th Annual General Meeting.

The firm submitted its latest limited review report for the quarter ended June 30, 2026, on August 4, 2026. This filing occurred approximately one month prior to the resignation notification.

Regulatory Disclosures

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tavexia Lifecare filed the intimation with the Bombay Stock Exchange. The disclosure aligns with Part A of Schedule III of the regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026.

The auditor confirmed there were no reportable concerns requiring communication to the Audit Committee or the Board prior to resignation. Consequently, no such communication was made during the tenure.

Particulars Details
Auditor Name M/s. SSRV and Associates
Date of Resignation September 7, 2026
Reason Professional commitments and workload
Appointment Date September 30, 2023
Last Report Filed August 4, 2026 (Q2 FY27 limited review)

SSRV and Associates issued a No Objection Certificate (NOC) allowing the company to appoint a new eligible auditor to fill the casual vacancy. The company is required to complete applicable statutory filings with the Registrar of Companies and stock exchanges.

Historical Stock Returns for Sattva Sukun Lifecare

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-3.36%+13.86%+66.67%+43.75%-67.88%

How quickly can Tavexia Lifecare appoint a replacement auditor, and could the vacancy create delays in upcoming financial reporting deadlines?

Does the mid-term resignation of SSRV and Associates raise any governance concerns for investors, particularly given the company's recent rebranding from Sattva Sukun Lifecare?

What impact could the auditor transition have on Tavexia Lifecare's ability to meet regulatory filing requirements with the Registrar of Companies and BSE within stipulated timelines?

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1 Year Returns:+43.75%