Shivansh Finserve Ltd has reported a significant change in its shareholding structure, as disclosed under SEBI regulations governing substantial acquisition of shares and takeovers. The Sanjeev Lunkad group, including persons acting in concert, has reduced their stake in the company through open market transactions.

Key Details of the Transaction

Impact on Shareholding

The sale has resulted in the Sanjeev Lunkad group's combined holding falling below the 9% regulatory threshold. This move could potentially impact the company's ownership structure and may be of interest to other shareholders and market watchers.

Company Overview

Shivansh Finserve Ltd has a total equity share capital of Rs. 6.24 crore, comprising 62.4 lakh equity shares with a face value of Rs. 10 each. This information provides context to the scale of the transaction and its impact on the company's overall shareholding pattern.

Regulatory Compliance

The disclosure of this transaction aligns with SEBI's regulations on substantial acquisition of shares and takeovers. Such transparency is crucial for maintaining market integrity and keeping shareholders informed about significant changes in ownership.

While the reasons behind the stake reduction have not been disclosed, such movements in shareholding patterns are often closely monitored by investors and analysts for potential implications on the company's future direction and governance.

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.