The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shailesh Mehta
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Awaiting price reaction for this filing.
Shailesh Vinodrai Mehta, a promoter of Chemkart India Limited (BSE: 544442), acquired 55,200 equity shares through an open market purchase on BSE on 11th March 2026. His shareholding in the company rose from 71,407 shares (0.59%) to 1,26,607 shares (1.05%), an increase of 0.46 percentage points. The company's total equity capital is INR 12.09 crore, comprising 1,20,99,000 equity shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Promoter buying from the open market is generally viewed as a confidence signal, but the increase here is small (0.46%) and the post-acquisition holding is only 1.05%, so the immediate effect on the stock price is likely to be limited.