The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Laxmi Devi Bhuwalka & PACs
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Laxmi Devi Bhuwalka along with persons acting in concert (Archana Bhuwalka and Balkishan Bhuwalka) acquired 4,11,396 equity shares (9.92%) of Natura Hue Chem Ltd via an off-market deal on May 29, 2026. Before this acquisition, the group held zero shares in the company. After the deal, Laxmi Devi holds 4.34%, Archana holds 3.40%, and Balkishan holds 2.18%. The acquirers have clarified that they do not belong to the promoter or promoter group of the company.
A non-promoter group has quietly built a near-10% stake via an off-market transaction, bringing them just below the regulatory threshold. Any further acquisition beyond 10% could trigger an open offer obligation under SEBI takeover rules, which may increase volatility in the stock.