The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satya Prakash Gupta
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Satya Prakash Gupta, Chief Financial Officer of India Pesticides Ltd, purchased 500 equity shares from the open market on March 24, 2026, at Rs. 134.2 per share, amounting to Rs. 67,100 in total. Following this acquisition, his total holding in the company stands at 3,000 shares, representing 0.0026% of the company's equity share capital. The disclosure was filed under SEBI's SAST Regulation 29(1), as is required for significant acquisitions. Importantly, Mr. Gupta is classified as Senior Management Personnel and is not part of the promoter or promoter group. The company's total equity share capital remains at 11,51,63,508 shares, unchanged by this transaction.
This is a very minor, routine insider purchase by a senior management personnel involving just Rs. 67,100 worth of shares, with negligible impact on overall shareholding or the stock price. No material signal for shareholders.