BSEOrganic Coatings LtdMediumNegative
Announced Tue, 22 Jul · 16:23 IST

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

Ownership Changes View source PDF

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▲ 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 Kodarlal Shah has filed a revised disclosure with BSE for the sale of 1,30,000 equity shares (1.30%) of Organic Coatings Ltd, correcting an earlier disclosure dated 01.07.2025. The revisions fix the seller's name (previously listed as Ms. Simran Sunder Murthy) and add the pre-sale shareholding figure. Before the sale, Shah held 4,15,204 shares (4.16%), which reduced to 2,85,204 shares (2.86%) after the off-market transaction dated 30-06-2025. The seller is explicitly confirmed as not belonging to the promoter or promoter group. The total equity share capital of the company stands at 99,74,600 shares.

Likely market impact

This is a sale by a non-promoter shareholder via off-market route, so direct impact on stock price is expected to be limited. The revision is a correction to a prior filing and does not change the substance of the transaction.