The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Minal Shah
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Awaiting price reaction for this filing.
Minal A. Shah, a non-promoter individual, has sold her entire stake of 1,61,865 equity shares (1.62% of total share capital) in Organic Coatings Ltd on 26 December 2025. The sale was executed off-market and brought her shareholding to zero. The disclosure is filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the disposal crossed the 1% reporting threshold. Organic Coatings' total equity share capital remained unchanged at 99,74,600 shares.
This is a complete exit by a non-promoter shareholder, which is neutral to mildly negative in perception but has minimal impact on stock price given the small 1.62% stake involved and the off-market nature of the transaction.