The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajnikant Kodarlal Shah
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Rajnikant Kodarlal Shah, a non-promoter shareholder of Organic Coatings Ltd, sold 84,544 equity shares (0.85% of the company's share capital) through an off-market transaction on 25 September 2025. His holding reduced from 2,85,204 shares (2.86%) to 2,00,660 shares (2.01%) post-sale. The disclosure was filed under SEBI's Takeover Regulations. No encumbrance (pledge/lien) was involved, and the company's total equity capital remained unchanged at 99,74,600 shares.
This is a relatively small, off-market sale by an individual non-promoter holder, so it is unlikely to materially affect the stock price or shareholder structure. Retail investors should note that no promoter-level stake change has occurred.