BSEOrganic Coatings LtdMediumNegative
Announced Mon, 29 Sept · 17:37 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajnikant Shah

Ownership Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rajnikant K. Shah, a non-promoter shareholder of Organic Coatings Ltd, has sold 84,544 equity shares (0.85% of the company) via an off-market transaction on 25 September 2025. His holding dropped from 2,85,204 shares (2.86%) to 2,00,660 shares (2.01%) after the sale. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, and the company did not have any encumbrance on these shares.

Likely market impact

This is a routine disclosure of share sale by a non-promoter individual investor via off-market route. The transaction is small (0.85% of equity) and unlikely to materially affect the stock price or shareholder structure.