The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yogesh Dadhia
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Mr. Yogesh Dadhia, a promoter of Synthiko Foils Limited, has sold his entire holding of 1,26,840 equity shares (7.29% of paid-up capital) on 02 September 2025 through the open market. Before the sale, he held 7.29% of the company; after the sale, his holding stands at zero, representing a complete exit from the company. The disclosure, filed under SEBI Takeover Regulations, lists four persons acting in concert (PACs): Urmila Ramesh Dadhia, Neha Dadhia, Ramesh Dadhia, and Bhavesh Dadhia. The transaction was carried out on the Bombay Stock Exchange. No encumbrances or warrants were involved.
A complete promoter exit in a single transaction is a negative signal for retail investors, as it removes insider skin-in-the-game and may weigh on short-term sentiment and stock price. Shareholders should monitor whether PACs also exit and watch for any change in control or future dilution in promoter holding disclosures.