The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Virendra Swarup Agarwal
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Virendra Swarup Agarwal, a member of the promoter group of India Pesticides Ltd, purchased 10,000 equity shares from the open market on September 10, 2025, at Rs. 215.83 per share, totalling Rs. 21.58 lakh. Following this acquisition, his shareholding in the company rose marginally from 36,42,020 shares (3.16%) to 36,52,020 shares (3.17%), an increase of just 0.0086%. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total equity share capital of the company stands at 11,51,63,508 shares.
This is a small, routine open-market purchase by a promoter group member, indicating mild insider confidence but with negligible impact on overall shareholding or voting power. Retail investors are unlikely to see any material price movement triggered by this minor acquisition.