The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajnikant Kodarlal Shah
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Rajnikant Kodarlal Shah, who is not part of the promoter/promoter group, sold 2,00,000 equity shares (2.01%) of Organic Coatings Ltd in an off-market transaction on 30 June 2025. This is a revised disclosure correcting the seller name from Mrs. Meenakshi Sunder to Rajnikant Kodarlal Shah, as originally filed on 01 July 2025. His holding has come down from 6,15,204 shares (6.17%) to 4,15,204 shares (4.16%) post-sale. No encumbrance or pledge activity is involved in the transaction.
This is a non-promoter, off-market share sale with no impact on promoter holding or company control. The revised filing only corrects the seller's identity, so the underlying transaction has already been disclosed and is unlikely to move the stock.