The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aparna Ajay Shah
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Aparna A. Shah, a non-promoter shareholder of Organic Coatings Ltd, has sold 71,240 equity shares (0.71% of total share capital) through an off-market transaction on September 24, 2025. Her holding reduced from 2,91,915 shares (2.93%) to 2,20,675 shares (2.21%) post-sale. The disclosure was filed with BSE on September 26, 2025, as required under Regulation 29(2) of SEBI's Takeover Regulations. The seller is explicitly identified as not being part of the promoter or promoter group.
This is a small off-market sale by a non-promoter individual shareholder. The reduction in her stake is minor (0.71%), and since she is not a promoter, it is unlikely to have a material impact on the stock price or shareholder sentiment.