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
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Arjunsinh Rajput, a member of the promoter group of Gokul Refoils & Solvent Ltd, acquired 1,50,000 equity shares (0.15% of total share capital) through open market purchase on March 18, 2026. Post-acquisition, Arjunsinh Rajput's individual holding rose from 1.50% (14,85,788 shares) to 1.65% (16,35,788 shares). The total promoter group (including PACs Balvantsinh Rajput, Bhikhiben Rajput, Dharmendrasinh Rajput, and Profitline Securities Pvt. Ltd.) holding increased from 73.30% to 73.45%, consisting of 7,27,09,629 shares. No encumbrance or pledge-related activity was involved, and the acquisition was made via open market route.
This is a small incremental open-market purchase by a promoter, signaling continued promoter confidence in the company. However, the impact on the stock is minimal given the tiny size (0.15%) and the promoter group already holds a dominant 73.45% stake.