Shivansh Finserve Ltd has received a disclosure from Sanjeev Lunkad regarding substantial acquisition of shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure pertains to the acquisition of 42,110 equity shares through open market purchases, which resulted in crossing the 7% shareholding threshold.

Acquisition Details

The acquisition involved Sanjeev Lunkad as the primary acquirer, working in concert with three other individuals. The group's total holding increased from 415,465 shares to 457,575 shares following this transaction.

Persons Acting in Concert

The acquisition group consists of four individuals working together as persons acting in concert:

• Sanjeev Lunkad (Primary Acquirer) - PAN: AAKPL1075A
• Sneha Lunkad (PAC) - PAN: AAZPL0120D
• Rushank SS Lunkad (PAC) - PAN: BLPPL6871F
• Riddhi Lunkad (PAC) - PAN: AKAPL0872H

The group does not belong to the promoter or promoter group category of Shivansh Finserve Ltd.

Company Information

Shivansh Finserve Ltd maintains its registered office at 22, Harsiddh Complex, First Floor, Ashram Road, Opp. Kalupur Commercial Bank, Income Tax, Ahmedabad, Gujarat-380014. The company's shares are listed on BSE Limited.

Regulatory Compliance

The disclosure was submitted on February 9, 2026, following the crossing of the 7% threshold on February 6, 2026. The acquirer has fulfilled the mandatory disclosure requirements under SEBI regulations and has communicated the same to the company secretary, stock exchange, and registrar transfer agent Purva Sharegistry (India) Pvt. Ltd.

The acquisition represents a straightforward equity purchase through open market transactions, with no involvement of warrants, convertible securities, or any encumbrances such as pledges or liens.

Shivansh Finserve Ltd. recently saw a significant change in its shareholding structure as Sanjeev Lunkad, along with persons acting in concert, reduced their stake in the company. The group sold 101,260 equity shares through open market transactions, triggering mandatory disclosure requirements under SEBI takeover regulations.

Key Details of the Transaction

Transaction Highlights

• Date of Transaction: November 28, 2025
• Mode of Sale: Open market
• Shares Sold: 101,260 equity shares
• Threshold Crossed: Stake reduced below 7%

The sale resulted in the group's combined holding falling from 8.06% to 6.44% of Shivansh Finserve's total capital. This reduction below the 7% threshold necessitated disclosure under the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares and takeovers.

Regulatory Implications

The transaction highlights the importance of regulatory compliance in the Indian stock market. SEBI's disclosure requirements ensure transparency in significant shareholding changes, allowing other investors and stakeholders to stay informed about important shifts in company ownership.

Investors and market watchers may want to monitor Shivansh Finserve Ltd. for any potential impacts this shareholding change might have on the company's governance or strategic direction. However, it's important to note that such changes in shareholding do not necessarily indicate any immediate alterations in the company's operations or performance.