Shivansh Finserve witnessed a significant change in its shareholding pattern as Sanjeev Lunkad and persons acting in concert reduced their stake in the company. The group, which includes Sanjeev Lunkad as the acquirer and Sneha Lunkad, Rushank SS Lunkad, and Riddhi Lunkad as persons acting in concert, sold 178,276 equity shares through open market transactions on September 19, 2025.

Shareholding Impact

The sale resulted in a reduction of the group's combined holding from 16.82% to 13.96% of Shivansh Finserve's total share capital. This move brings their stake below the 15% regulatory threshold, a significant development for the company and its shareholders.

Transaction Details

According to the disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the details of the transaction are as follows:

Company Overview

Shivansh Finserve, listed on the BSE Limited, has an equity share capital of Rs. 6.24 crores, comprising 62.40 lakh equity shares of Rs. 10 each. The company's registered office is located at 22, Harsidhh Complex, First Floor, Ashram Road, Opp. Kalupur Commercial Bank, Income Tax, Ahmedabad, Gujarat-380014.

Regulatory Compliance

It's important to note that Sanjeev Lunkad and the persons acting in concert do not belong to the promoter group of Shivansh Finserve. The disclosure of this transaction complies with the regulatory requirements set by the Securities and Exchange Board of India (SEBI).

Previous Transaction

The LODR data reveals that on September 18, 2025, just a day before the main transaction, the same group had sold 20,000 equity shares, reducing their holding from 17.14% to 16.82%. This series of transactions indicates a planned reduction in their stake over a short period.

Market Implications

While the exact reasons for the stake reduction are not disclosed, such significant changes in shareholding often attract market attention. Investors and market analysts may closely watch for any potential impact on the company's stock price or governance in the coming days.

As Shivansh Finserve continues to navigate these changes in its shareholding structure, stakeholders will be keen to observe any further developments or strategic shifts within the company.

Shivansh Finserve Ltd has reported a reduction in stake by Sanjeev Lunkad and associated persons through a recent market transaction. The group, which includes Sanjeev Lunkad as the acquirer and Sneha Lunkad, Rushank SS Lunkad, and Riddhi Lunkad as persons acting in concert, sold 20,000 equity shares of the company on September 18, 2025.

Transaction Details

The sale was executed through open market transactions, resulting in a reduction of the group's combined holding from 17.14% to 16.82% of Shivansh Finserve's total capital. This represents a decrease of 0.32% in their shareholding.

Shareholding Structure

Company Information

Shivansh Finserve has an equity share capital of Rs. 6.24 crores, consisting of 62.40 lakh equity shares with a face value of Rs. 10 each. The company's shares are listed on the BSE Limited.

Regulatory Compliance

The disclosure of this transaction was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It's important to note that Sanjeev Lunkad and the associated persons are not part of the promoter group of Shivansh Finserve.

Company Details

Shivansh Finserve is headquartered at 22, Harsidhh Complex, First Floor, Ashram Road, Opposite Kalupur Commercial Bank, Income Tax, Ahmedabad, Gujarat-380014.

This transaction highlights the dynamic nature of shareholding patterns in publicly listed companies and demonstrates the transparency required in reporting significant changes in ownership stakes.