The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Himesh Ramesh Dadhia & PACs
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Mr. Himesh Ramesh Dadhia, along with Persons Acting in Concert (Yogesh Dadhia, Bhavesh Dadhia, Urmila Dadhia, and Ramesh Dadhia), has sold his entire shareholding of 1,63,600 equity shares (9.40% of the total share capital) in Synthiko Foils Limited on 11/06/2025. The promoter group's holding has gone from 9.40% to nil, meaning a complete exit from the company. The company's total equity share capital is 17,40,000 shares of Rs. 5 each.
This represents a full promoter exit from Synthiko Foils Limited — a significant negative signal indicating the promoter group has lost confidence or chosen to completely divest. Retail investors should treat this as a red flag, as complete promoter exits often signal concerns about the company's future prospects or valuation views.