The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mangalal Shriniwas Thakur
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Mangala Shriniwas Thakur, the spouse of deceased promoter Mr. Shriniwas Vasantrao Thakur, has received 92,808 equity shares (2.09%) of Link Pharma Chem Ltd through transmission following his death. Before this transmission, Mangala held 0 shares; after the event, she holds 92,808 shares (2.09%). This is an off-market transmission to a legal heir, not a market purchase, and the company's total equity capital remains unchanged at Rs. 4.44 crore (44,40,568 shares of Rs. 10 each). The acquisition was disclosed under Regulation 29(1) of SEBI SAST Regulations and belongs to the promoter/promoter group category.
This is a passive change in promoter-group shareholding due to succession, not a buy or sell in the market. Share price is unlikely to be affected, and total promoter economic interest in the company remains the same — only the holder's name changes from the deceased to the spouse.