Sumit Woods Limited
Shankar Sharma exited Sumit Woods by selling 35,00,100 shares, a 7.31% stake worth ₹16.4 Cr at ₹46.91 apiece via open market sale.
A real estate development company engaged in residential and commercial property projects across India. Incorporated in 1997, the company specializes in designing and constructing mixed-use developments that cater to both individual homebuyers and commercial enterprises. The firm focuses on delivering quality infrastructure and well-planned communities through its diversified project portfolio in key markets. It operates as a vertically integrated developer managing all aspects of project execution.
Co-founded First Global in 1991 with Devina Mehra after leaving Citibank at 26. Spent 30+ years reading global capital flows before anyone else did, macro-contrarian, liquidity-driven, geopolitically aware. Forbes called him 'The Alchemist of Dalal Street.' Known for bold, contrarian bets on out-of-favour small-caps when everyone else is running. His disclosed portfolio is high-risk, high-reward, for investors who can stomach volatility and want to understand how global money moves.