Gem Aromatics Limited has informed the Exchange regarding 'Disclosure received under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.'.
GEMAROMA · price
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Mrs. Kaksha Vipul Parekh, part of the promoter group of Gem Aromatics Limited, acquired 60,000 equity shares (0.11%) through the open market on March 17, 2026. After this purchase, her total holding stands at 46,93,219 shares, which is 8.98% of the company's total share capital (up from 8.87% before the acquisition). The company's total equity share capital remains unchanged at Rs. 10,44,74,276 divided into 5,22,37,138 equity shares of Rs. 2 each. The acquisition was made via open market purchase, and no encumbrances or convertible instruments were involved.
This is a small but positive signal indicating continued promoter confidence in the company, as a member of the promoter group increased her stake in the open market. The increase is marginal (0.11%) and unlikely to materially impact the stock price, but it signals promoter conviction at current levels.