BSE filing, BSE: 540221. Summary written from the filing by ALFA Finder's alert engine.
More from Shashank Traders Ltd
All →Shashank Traders Promoter Selling (Off-Market): ₹2.47 Cr
Promoter Mr. Praveen Jaswant Rai Jain sold 8,24,600 shares of Shashank Traders Ltd off-market for ₹2.47 Crore. This exit reduces the promoter holding by 26.65%.
- Value
- ₹2.47 Cr
Shashank Traders Acquisition
Prilika Enterprises Pvt. Ltd. acquired an 8.88% stake in Shashank Traders Limited via an off-market transaction. This increases their total holding to 19.55%.
Shashank Traders Board Meeting Outcome
Shashank Traders completed a ₹2.47 Crore promoter stake sale and management change. The board approved new director appointments following the acquisition of control by incoming promoters.
- Value
- ₹2.47 Cr
Shashank Traders Acquisition
AVB Endeavors Pvt Ltd acquired 2,74,867 shares in Shashank Traders Limited. This off-market purchase increased their total stake from 12.61% to 21.49%.
Shashank Traders Management Change
Shashank Traders Limited announced the cessation of Directors Mr. Keval Mahendra Bhai Shah and Ms. Hansa Mehta effective May 5, 2026. The cessations followed the deactivation of their Director Identification Numbers (DINs) due to non-filing of DIR-3 KYC, ensuring regulatory compliance during the company's ongoing open offer process.
Shashank Traders Debt & Borrowing
Shashank Traders Ltd confirmed it does not meet the SEBI criteria for classification as a Large Corporate for the financial year ended March 31, 2026. The company reported zero outstanding borrowings as of the period end, exempting it from mandatory incremental debt sourcing through the bond market.
Other acquisition announcements
All →MosChip Technologies Acquisition Worth ₹266.7 Cr
MosChip will acquire Vayavya Labs for Rs.266.71 Crore in cash and shares. Completion awaits RBI and exchange approvals and shareholder approval of a preferential issue.
- Value
- ₹266.7 Cr
- Execution
- Within 15 days of the later of receipt of all requisite approvals or shareholder approval of the preferential issue to VLPL sellers
Hexaware Technologies Acquisition
Hexaware Technologies announced amalgamation of two wholly owned step-down subsidiaries into its Canadian subsidiary. No cash consideration is involved, and the merger is internal group restructuring.
Zensar Technologies Acquisition
Zensar's board approved merging its wholly owned subsidiary M3bi India into the parent. No consideration or share issuance is involved, and NCLT sanction is pending.
ICICI Lombard General Insurance Company Acquisition Worth ₹172 Cr
ICICI Lombard disclosed that it acquired Rs.172 Crore of State Bank of India shares on October 28, 2026, in its ordinary-course investment function. Its cumulative holding in SBI is now 0.02%.
- Value
- ₹172.0 Cr
- Execution
- Investment made in multiple tranches over a period of time
Emkay Global Financial Services Acquisition Worth ₹30 Cr
Emkay Global will buy Emkay Capital Private Limited for Rs 30 Crore in cash. The related-party deal is expected to complete within 90 days.
- Value
- ₹30.00 Cr
Jindal Stainless Acquisition Worth ₹5.08 Cr
Jindal Stainless acquired an additional ~7% stake in Ampin C&I Three, taking its holding to 24.21%. The cash cost is ~₹5.08 crore for a 40 MW captive solar project.
- Value
- ₹5.08 Cr
- solar captive capacity
- 40.0 MW