Shashank Traders Ltd - 540221 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
Aditya Vikram Birla and Persons Acting in Concert (PAC) acquired an additional 8.88% stake in Shashank Traders Limited. This off-market transaction, completed on May 7, 2026, increased their total shareholding to 21.68%.
May 09 2026 10:05:00
Shashank Traders Ltd - 540221 - Board Meeting Outcome for Outcome Of The Board Meeting Dated 8Th May 2026
Shashank Traders' board approved the completion of a share purchase agreement, transferring 26.65% of equity shares at Rs.30 per share to new entities, leading to a change in control and new promoters. Concurrently, the board appointed four new directors and accepted resignations of two outgoing directors.
May 08 2026 19:05:00
Shashank Traders Ltd - 540221 - Announcement under Regulation 30 (LODR)-Change in Management
Shashank Traders announced a board reshuffle on May 8, 2026, after new promoters acquired a 26.65% stake and control. This led to the appointment of four new directors, including a Whole Time Director and Non-Executive Chairman, and the resignation of two independent directors.
May 08 2026 19:05:00
Shashank Traders Ltd - 540221 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
AVB Endeavors Private Limited acquired 274,867 equity shares of Shashank Traders Ltd through an off-market transaction, increasing its total shareholding to 21.49%. This significant stake acquisition indicates a new substantial investor in the company.
May 08 2026 17:05:00
Shashank Traders Ltd - 540221 - Announcement under Regulation 30 (LODR)-Cessation
Shashank Traders Ltd announced that two directors, Mr. Keval Mahendra Bhai Shah and Ms. Hansa Mehta, ceased their directorship effective May 5, 2026. This cessation is due to the deactivation of their Director Identification Numbers (DINs) and was necessary for regulatory compliance, especially given an ongoing open offer.
May 06 2026 12:05:00
Shashank Traders Ltd - 540221 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
AVB Endeavors Pvt. Ltd. acquired 64,000 equity shares of Shashank Traders Limited via an off-market transaction on April 13, 2026. This increased their total holding from 10.34% to 12.41%.
Apr 15 2026 09:04:00
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