Senthilverl Holdings has increased its stake in Sarvodaya Development Finance beyond 10%, following a market transaction
The transaction on 9 September, 2026, through broker Almas Equities, involved the purchase of 750,000 voting shares at prices ranging between Rs. 39.70 and Rs. 41.00 per share.
Prior to the trade, Senthilverl Holdings held 14,633,597 shares, representing a 9.78% stake in the finance company as of 8 September, 2026.
Following the acquisition, the total shareholding rose to 15,383,597 shares, bringing the resulting stake to 10.28% of the company’s total issued share capital of 149,596,052 shares.
Sarvodaya Development Finance shares ended down Rs. 1.40 yesterdat at Rs. 39.60. As of end-June 2026, the company reported assets of Rs. 30.92 per share. Sarvodaya Economic Enterprises Development Services was the major shareholder with a 36.10% followed by Janashakthi Capital with 10.76% with Senthilverl Holdings coming in third.