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Vineeta Chiripal sells significant stake in Shanti Educational Initiatives

November 8, 2025 at 05:39 AM UTCBy FilingReader AI

Vineeta Chiripal, a promoter of Shanti Educational Initiatives Limited, has announced the sale of 500,000 shares in the company, according to a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction, dated November 6, 2025, reduces Chiripal's voting rights from 0.59% to 0.27% of the total share capital.

Prior to the sale, Vineeta Chiripal held 942,426 shares, representing 0.59% of Shanti Educational Initiatives Limited's total share capital. Following the sale, her holding now stands at 442,426 shares, equivalent to 0.27% of the company's equity shares capital. The transaction was executed via an open market sale.

The total equity share capital of Shanti Educational Initiatives Limited remains at ₹16,10,00,000, with equity shares valued at ₹1 each.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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