The Exchange has received the reviseddisclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for R K Shah HUF
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R.K. Shah (HUF), a non-promoter shareholder, sold 1,65,000 equity shares (1.65%) of Organic Coatings Ltd through an off-market transaction on June 30, 2025. This is a re-submission of an earlier disclosure dated 01.07.2025, with corrections: the seller's name was changed from Mr. Abhinav D. Sadarangani to R.K. Shah (HUF), and prior shareholding details were added. Before the sale, R.K. Shah (HUF) held 3,08,310 shares (3.09%) of the company; after the sale, the holding dropped to 1,43,310 shares (1.44%). The total equity share capital of the company remains unchanged at 99,74,600 shares, and no encumbrances are involved in this transaction.
This is a procedural correction of a non-promoter off-market sale with no impact on the promoter group or company control. It is unlikely to have any material effect on the stock price or shareholder structure of Organic Coatings Ltd.