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.

Shivansh Finserve Limited has undergone significant changes in its compliance leadership, as announced in a board meeting held on August 8, 2025. The company disclosed these developments in a filing with the Bombay Stock Exchange.

Resignation of Company Secretary

Ms. Rima Dalal has stepped down from her position as Company Secretary and Compliance Officer of Shivansh Finserve Limited. The resignation, attributed to personal reasons, took immediate effect on August 8, 2025. Ms. Dalal, who held the membership number 39280, played a crucial role in the company's compliance functions until her departure.

New Appointment

Simultaneously, the board appointed Mrs. Krishna Prakash Patel as the new Company Secretary and Compliance Officer, effective from the same date. Mrs. Patel brings a wealth of experience and qualifications to her new role:

• Associate member of the Institute of Company Secretaries of India
• Bachelor's degree in Commerce from Gujarat University
• Expertise in Corporate Laws, Corporate Governance, and SEBI-related matters

Her appointment is expected to strengthen the company's compliance framework and corporate governance practices.

Board Meeting Details

The board meeting addressing these changes was held at the company's registered office in Ahmedabad, Gujarat. The meeting commenced at 5:30 pm and concluded at 6:15 pm.

Company Overview

Shivansh Finserve Limited, operating under the CIN L65100GJ1984PLC082579, is a financial services company listed on the Bombay Stock Exchange. The company's leadership changes come as part of its ongoing commitment to maintaining strong corporate governance and compliance standards.

These leadership transitions in the compliance department mark a significant development for Shivansh Finserve Limited. As the company moves forward with its new Company Secretary and Compliance Officer, stakeholders will be keen to observe how these changes impact the organization's regulatory adherence and corporate governance practices in the coming months.