Shanti Educational Initiatives Limited has issued a formal response to BSE Limited regarding queries about significant trading volume movement in the company's securities across exchanges on December 30, 2025.

Company's Official Response

The education sector company addressed BSE's inquiry through a comprehensive clarification letter, emphasizing its commitment to regulatory compliance and transparency in market disclosures.

Regulatory Compliance Confirmation

The company confirmed its adherence to disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Management stated that all events and information have been disclosed in a timely manner pursuant to Regulation 30 of the SEBI LODR Regulations.

Key compliance aspects highlighted in the response include:

• No pending announcements or disclosures requiring reporting
• No material events or information awaiting disclosure
• Commitment to inform exchanges of any future developments in accordance with applicable SEBI regulations

Market-Driven Volume Movement

The company attributed the significant increase in trading volumes to purely market-driven factors, without any underlying corporate developments or material information. This clarification aims to address investor concerns about potential undisclosed events that might have influenced trading activity.

Management Authorization

The response was digitally signed and authorized by Darshan Vayeda, Whole-time Director (DIN: 07788073), on December 30, 2025, at 17:12:38 +05'30', ensuring proper corporate governance protocols were followed in addressing the exchange query.

Shanti Educational Initiatives Limited has disclosed a share sale transaction by promoter Brijmohan Chiripal under SEBI Regulation 29(2) of the Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure was filed on December 12, 2025, regarding transactions completed on December 10, 2025.

Transaction Details

Shareholding Changes

The transaction resulted in a marginal reduction in Brijmohan Chiripal's stake in the company. The following table shows the before and after shareholding position:

Company Share Capital

The company's equity share capital remains unchanged at ₹16.10 crores, consisting of 16,10,00,000 equity shares of ₹1 each. The total diluted share capital also stands at the same level, indicating no outstanding convertible securities or warrants.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. Brijmohan Chiripal, as a promoter of the company, is required to disclose any changes in his shareholding pattern to maintain transparency in the market.

Despite this minor reduction, Brijmohan Chiripal continues to maintain his position as a promoter with a 4.00% stake in Shanti Educational Initiatives Limited. The transaction represents a minimal adjustment in the promoter's holding and does not significantly alter the overall ownership structure of the company.