SHIVALIK NSE filing

Shivalik Rasayan: Former Director Sells 25,000 Shares

The RealCase readLow impact Neutral

Former Director of Shivalik Rasayan Limited, Mr. Sanjay Bansal, sold 25,000 equity shares on August 21, 2026. The sale, executed on the open market, was valued at ₹68.31 lakh. This transaction reduces his shareholding to 0.32% (50,000 shares). The company has submitted the disclosure as per SEBI's insider trading regulations.

Why it matters

The sale of shares by a former director, while requiring disclosure, is a common occurrence and is unlikely to have a significant impact on the company's stock price or operations.

The market read

The announcement is a routine disclosure of a former director's share transaction and does not inherently indicate positive or negative performance or outlook for the company.

Shivalik Rasayan Limited has disclosed a transaction by Mr. Sanjay Bansal, a former Director and a connected person, regarding the sale of equity shares. The disclosure, made on August 24, 2026, pertains to Form-D filed pursuant to Regulation 7(3) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Mr. Bansal sold 25,000 equity shares from the open market on August 21, 2026. This sale represents 0.16% of the total equity shares, reducing his holding to 0.32% (50,000 equity shares). The total value of the shares sold amounted to ₹68,31,455 (Sixty-Eight Lakhs Thirty-One Thousand Four Hundred and Fifty-Five Rupees).

The company has requested that this intimation be treated as compliance with the SEBI regulations. The filing is a routine disclosure concerning insider trading regulations.

Filing to action

What to do with a filing like this

Shivalik Rasayan Limited filed this with the NSE as a statutory disclosure, categorised under insider trading. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.

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Primary source

A plain-language summary of a public exchange filing by Shivalik Rasayan Limited. Read the original for the full detail.

View original filing