The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anand Swarup Agarwal
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Anand Swarup Agarwal, a promoter of India Pesticides Limited, bought 10,000 equity shares from the open market on 10 September 2025 at Rs. 214.73 per share, amounting to roughly Rs. 21.47 lakhs. This is a small open-market purchase that nudged his holding from 31.14% to 31.15% of the company's paid-up equity capital. The total equity share capital of the company stands at about 11.52 crore shares. No encumbrance (pledge) was created or invoked as part of this transaction.
This is a marginal, confidence-signal purchase by the promoter — the increase in stake is just 0.0086%, so it is unlikely to move the stock price meaningfully, but it shows continued promoter faith in the company. Shareholders may view it as a mildly positive signal of promoter commitment.