The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shailesh Vinodrai Mehta
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Shailesh Vinodrai Mehta, a promoter of Chemkart India Ltd, purchased 52,200 equity shares (face value Rs. 10 each) through open market acquisition on BSE on 11th February 2026. His stake in the company increased from 17,407 shares (0.14%) to 69,607 shares (0.58%), a rise of 0.43 percentage points. The disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total share capital of the company stands at 1,20,99,000 equity shares valued at Rs. 12,09,90,000, unchanged after the transaction. The company is listed on BSE with scrip code 544442.
This is a promoter buying additional shares from the open market, which is generally viewed as a positive confidence signal. However, the increase in stake is modest (0.43%) and remains well below the 5% SAST disclosure threshold, so the direct price impact is likely limited.