GOKULBSEGokul Refoils & Solvent LtdHighNeutral
Announced Wed, 25 Feb · 12:44 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arjunsinh Rajput & PACs

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF

GOKUL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Arjunsinh Rajput, along with Persons Acting in Concert (PACs), acquired 40,106 equity shares (0.041% of total share capital) of Gokul Refoils & Solvent Ltd through open market on February 23, 2026. Before the acquisition, the promoter group's combined holding stood at 72.91% (7,21,75,465 shares); after the acquisition, it rose marginally to 72.95% (7,22,15,571 shares). The acquirer individually holds 1.15% post-acquisition. No encumbrance (pledge/lien) was involved in this transaction.

Likely market impact

This is a minor open market purchase by the promoter group, signalling continued promoter confidence in the company. However, with the promoter holding at 72.95%, it is approaching the 75% SEBI threshold for maximum promoter shareholding, limiting room for further creeping acquisitions without triggering open offer obligations.