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