The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ajay Shah

Ownership Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.0%Reaction day

₹15.22

prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+5.4% vs market

Specialty Chemicals peers, median of 86sector+0.0%+5.0% vs sector

On the reaction day the stock moved 5.4 pts more than Nifty Microcap 250 and 5.0 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+5.0-0.4+5.4+0.0+5.0

Next day

+10.2+1.0+9.2+0.6+9.6

+15.6+2.3+13.3+1.2+14.5

+21.4+2.0+19.4+0.5+20.9

+27.5+1.8+25.7+0.6+26.9

+33.8+1.5+32.3+0.0+33.8

+47.4+2.4+45.0-0.1+47.5

15d

+82.0+3.3+78.7-0.7+82.7

+77.4+3.9+73.5-0.6+78.0

+27.7+0.4+27.2-7.7+35.3

+71.5-3.2+74.7-11.6+83.0

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 86Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ajay R. Shah, a non-promoter individual shareholder, sold 1,00,000 equity shares (1% of total share capital) of Organic Coatings Ltd on September 25, 2025, via an off-market transaction. His holding reduced from 5,34,027 shares (5.35%) to 4,34,027 shares (4.35%) after the sale. The disclosure was filed with BSE under SEBI's Substantial Acquisition of Shares and Takeovers Regulations. The total share capital of the company stands at 99,74,600 equity shares.

Likely market impact

Since the seller is explicitly not part of the promoter/promoter group and the sale was off-market, this is likely a private negotiated transaction with limited impact on the stock price or promoter-related shareholder dynamics.