Hari Chand Aggarwal On Behalf of Acquirer Trusts and Promoters of the Company has Submitted to the Exchange a copy of Disclosure under Regulation 10 (5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
INSECTICID · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.6 pts more than Nifty Microcap 250 and 1.6 pts more than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Insecticides (India) Limited has informed the exchanges that SEBI has granted an exemption (order dated December 2, 2025) to four promoter family trusts — Sanskriti Family Trust, Akshay Family Trust, EJ Private Trust, and KBZ Private Trust — from the requirement of making an open offer under SEBI Takeover Regulations. This exemption allows the promoters to transfer about 1.97 crore shares (67.65% of the company) from individual promoter family members to these family trusts as a gift, purely for succession planning and internal family reorganization. There is no monetary consideration, no change in control, and no change in public shareholding, which remains at 27.70%. The transaction is expected to be completed on or after January 5, 2026, and the exemption is valid for one year.
This is a neutral-to-positive housekeeping announcement for shareholders — it is essentially an internal promoter family reshuffle with no change in ultimate control, no cash outflow, and no impact on public shareholding. There is no open offer trigger for retail shareholders, and the stock is unlikely to see any price movement from this filing.