The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Padmaja Shah
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Padmaja Rajnikant Shah, a non-promoter individual shareholder of Organic Coatings Ltd, has sold 62,500 equity shares (0.63% of total share capital) via off-market transaction on 24 September 2025. Her holding reduced from 2,32,600 shares (2.33%) to 1,70,100 shares (1.70%) post-sale. The disclosure was filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. No encumbrances (pledge/lien) were involved. The company's total equity share capital remains at 99,74,600 shares.
This is a small, off-market sale by a non-promoter individual, representing a minor reduction in her personal stake. Limited impact on stock price or shareholder sentiment given the negligible size and off-market nature.