The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suhrud Chimanbhai Patel
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Suhrud Chimanbhai Patel, a non-promoter individual shareholder of Organic Recycling Systems Limited, has disclosed an open market sale of 9,600 equity shares (0.11% of paid-up capital) on July 14, 2025. Prior to the sale, he held 564,843 shares representing 6.52% of the company's equity; post-sale, his holding stands at 555,243 shares or 6.41%. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, with the shares listed on the BSE SME platform. The transaction is minor in size relative to his existing holding, with no change in his non-promoter status.
This is a small, routine portfolio adjustment by a non-promoter shareholder and is unlikely to have any meaningful impact on the stock price or shareholder structure. Investors should note that the seller is not part of the promoter group, so this does not signal any insider sentiment about the company's prospects.