Chiripal entities reduce stake in Shanti Educational Initiatives

On November 13, 2025, Mr. Brijmohan Chiripal, Chiripal Exim LLP, Ronak B Chiripal, and Urmiladevi J Chiripal, acting in concert, disclosed the sale of shares in Shanti Educational Initiatives Limited. This transaction resulted in a reduction of their collective ownership, reported to BSE Limited.

Prior to the sale, the group held 22,023,601 shares, representing 13.68% of the company's total voting capital. The sale involved 750,000 shares from Ronak B Chiripal, 1,132,756 shares from Chiripal Exim LLP, and 1,000,000 shares from Savitridevi V Chiripal, totaling 3,278,182 shares, or 2.04% of the voting capital.

Following the sale, the group's holding in Shanti Educational Initiatives Limited stands at 18,745,419 shares, reducing their combined stake to 11.64% of the total voting capital. The sales took place between November 11, 2025, and November 12, 2025, via open market transactions.