The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Abhay Rajnikant Shah
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Abhay Rajnikant Shah, a non-promoter individual shareholder of Organic Coatings Ltd, sold 25,607 equity shares (0.26% of the company) via an off-market transaction on 31/12/2025. Prior to the sale, he held 75,757 shares (0.76%); after the sale, his holding stands at 50,150 shares (0.50%). The total share capital of the company remains unchanged at 99,74,600 shares. No encumbrance (pledge/lien) activity is involved in this transaction. The disclosure was filed with BSE under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
This is a small, off-market sale by a non-promoter individual with minimal impact on the stock. It is a routine regulatory compliance disclosure and is unlikely to affect share price or shareholder sentiment.