Gem Aromatics Limited has informed the Exchange regarding 'Disclosure as per Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 '.
GEMAROMA · price
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Awaiting price reaction for this filing.
Gem Aromatics Limited has disclosed that Vipul Nathalal Parekh, Whole-Time Director and Promoter, purchased 3,00,000 equity shares of the company on March 4, 2026, through the NSE on-market route. The total transaction value was approximately ₹6.19 crore, implying a price of around ₹206 per share. His shareholding increased from 92,16,748 shares (17.64%) to 95,16,748 shares (18.21%). No derivatives trading was involved in this transaction.
A promoter-director increasing his stake by buying shares worth ~₹6.19 crore on the open market is generally viewed as a positive signal, indicating insider confidence in the company's prospects. This could be supportive of the stock price sentiment in the short term.