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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Mr. Yash Parekh, a member of the promoter group of Gem Aromatics Limited, acquired 1,00,000 equity shares (0.19% of total share capital) through open market purchase on March 25, 2026. His holding increased from 46,59,397 shares (8.92%) to 47,59,397 shares (9.11%) of the company. The total equity share capital of the company remains Rs. 10,44,74,276 divided into 5,22,37,138 equity shares of Rs. 2 each. This is a routine disclosure filed by a designated person to comply with takeover regulations.
This is a small open-market purchase by a promoter, signalling continued confidence in the company. The incremental stake of 0.19% is too small to materially affect share price, but promoter buying is generally viewed positively by retail investors as it signals insider confidence.