The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for The Majestic Packaging Co Pvt Ltd
KHAICHEM · price
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The Majestic Packaging Co Pvt Ltd, part of the promoter group, acquired 6,000 equity shares (0.006%) of Khaitan Chemicals & Fertilizers Ltd through open market purchases on August 21, 2025. Post-acquisition, the promoter's holding in the company rose marginally from 22.73% (2,20,49,310 shares) to 22.74% (2,20,55,310 shares). The acquisition was carried out under SEBI SAST Regulation 29(2), which requires disclosure of any share purchase or sale by the promoter group.
The increase is extremely small (just 6,000 shares) and is unlikely to materially impact share price or shareholder value. It signals continued promoter confidence in the company, though promoter holding remains well below the majority threshold at 22.74%.