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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Gem Aromatics Limited informed the exchanges that it received a disclosure from Mrs. Kaksha Vipul Parekh, a member of the promoter/promoter group, regarding her acquisition of 50,000 equity shares (0.10% of total share capital) through the open market on March 16, 2026. Prior to this acquisition, her holding stood at 45,83,219 shares (8.77%), and after the purchase it increased to 46,13,219 shares (8.87%). The total equity share capital of the company remains at Rs. 10,44,74,276 divided into 5,22,37,138 equity shares of Rs. 2 each. The acquisition was carried out in compliance with SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.
This is a small open-market purchase by a promoter group member, indicating continued promoter confidence in the company. The increase in stake is marginal (0.10%), so it is unlikely to have a material impact on the stock price, but it is a mildly positive signal reflecting insider buying.