The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for R K Shah HUF
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Awaiting price reaction for this filing.
R.K. Shah (HUF), a non-promoter entity, has sold its entire holding of 3,000 equity shares (0.03%) in Organic Coatings Ltd via an off-market transaction on 24 September 2025. Following the sale, the HUF holds 0.00% of the company, having completely exited its position. The company's total equity share capital remains unchanged at 99,74,600 shares. The filing is filed under Regulation 29(2) of the SEBI Takeover Regulations and the seller has explicitly confirmed it does not belong to the promoter or promoter group.
This is a negligible transaction by a small, non-promoter shareholder and is unlikely to have any material impact on the stock price or shareholder composition of Organic Coatings Ltd.