The Exchange has received the disclosure under Regulation 29(1) / 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chatrabhuj Vallabhbhai Butani
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Mr. Chatrabhuj Vallabhbhai Butani, a promoter of Aptus Pharma Limited, sold 1,24,000 equity shares (1.81% stake) on May 11, 2026. Before the sale, the promoter held 2,25,000 shares (3.28%). After the sale, the holding reduced to 1,01,000 shares (1.47% of total voting capital). The total share capital of the company is 68,60,000 equity shares of Rs.10 each. The mode of transaction was specified as off-market inter-se transfer among promoter group members.
The promoter has reduced their stake by more than half, from 3.28% to 1.47%. This significant reduction in promoter holding may signal reduced promoter confidence or portfolio rebalancing, which could concern retail investors about the company's future prospects.