FilingReader Intelligence

Revised disclosure details Amit Sanghvi's Shaily Engineering Plastics share sale

December 18, 2025 at 04:49 AM UTCBy FilingReader AI

Amit Sanghvi submitted a revised disclosure to BSE Limited regarding the disposal of 100,000 equity shares of Shaily Engineering Plastics Limited. The original email, dated 15th November 2025, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, lacked specifics on the mode of sale. The updated submission confirms the disposal occurred via an Open Market Sale.

Prior to the disposal, Amit Sanghvi held 1,303,290 shares, representing 2.84% of the total share/voting capital. The sale of 100,000 shares, equivalent to 0.22% of the voting rights, reduced Sanghvi's holding to 1,203,290 shares. This post-disposal figure represents 2.62% of the total share/voting capital. The date of the acquisition/disposal was 14th November 2025.

The equity share capital/total voting capital of Shaily Engineering Plastics Limited remains at Rs. 9,19,10,186/- (4,59,55,093 Equity Shares of Rs. 2/- each) both before and after the disposal. The total diluted share/voting capital also stands at Rs. 9,19,10,186/- after the transaction.

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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