The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Arjunsinh Rajput & PACs
GOKUL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.0 pts less than Nifty Microcap 250 and 3.8 pts less than its Edible Oil peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Arjunsinh Rajput, part of the promoter group, bought 88,643 equity shares of Gokul Refoils & Solvent on March 19, 2026 through the open market, increasing his personal stake from 1.65% to 1.74%. The total promoter group holding (acquirer + 4 PACs including Balvantsinh Rajput, Bhikhiben Rajput, Dharmendrasinh Rajput and Profitline Securities) rose marginally from 73.45% to 73.53%. The disclosure was filed under SEBI Takeover Regulations since the promoter group's collective holding is significant and approaching the 75% threshold.
This is a small, routine promoter buy that signals continued promoter confidence but is unlikely to materially move the stock. With combined promoter holding at 73.53%, the group has limited room for further creeping acquisition before hitting the 75% takeover threshold, which could cap future open-market buys by the promoter group.