The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for R K Shah HUF
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Organic Coatings Ltd received a revised disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations. R.K. Shah (HUF), a non-promoter entity, sold 1,40,310 equity shares (1.41%) of the company via off-market transaction on June 30, 2025. Before the sale, R.K. Shah (HUF) held 1,43,310 shares (1.44%); after the sale, the holding reduced to just 3,000 shares (0.03%). The revision from the earlier July 1, 2025 disclosure corrects the seller's name (changed from Mr. Nikhil D. Sadarangani to R.K. Shah HUF) and adds the pre-sale holding details. The company's total equity share capital remains 99,74,600 shares.
Since the seller is not part of the promoter group, this disclosure has minimal impact on promoter shareholding or stock price. The filing is a regulatory correction rather than a new significant transaction.