The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Safechem Enterprises Pvt Ltd
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Safechem Enterprises Pvt Ltd, part of the promoter and promoter group of Aarti Pharmalabs, has filed a Regulation 29(2) disclosure covering the period from December 26, 2024 to September 19, 2025. During this period, the promoter group sold a net total of about 17.02 lakh shares, reducing their combined holding from 4.01 crore shares (44.27%) to 3.84 crore shares (42.39%). Safechem alone sold 6.30 lakh shares, while other promoter entities collectively sold 13.85 lakh shares but also acquired about 3.13 lakh shares. The total share capital of the company stands at around 9.06 crore shares, and the transactions were carried out through open market, off-market, or gift routes.
The promoter group's stake has come down by nearly 1.88 percentage points over about nine months, which may raise mild concerns about promoter confidence, although they still control a strong 42.39% stake in the company.