Announced Tue, 19 May · 10:44 IST

The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhavi Shah

Ownership Changes View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹244.00
prior close
₹250.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.8-0.8-0.4-0.1-0.5-1.2-2.0-1.6-3.4-4.5-11.6-6.1
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AI summary

Bhavi Shah acquired 10,00,000 equity shares (10.35%) of Organic Recycling Systems Limited through conversion of warrants into equity shares, completed on 15-03-2026. Prior to this acquisition, Bhavi Shah held zero shares (0%). After the conversion, the share capital increased from 8,65,92,750 to 9,65,92,750 equity shares. Bhavi Shah confirmed they do not belong to the Promoter/Promoter group. The company is listed on the SME Platform of BSE (Scrip Code: 543997).

Likely market impact

Bhavi Shah has entered as a new shareholder with a 10.35% stake via warrant conversion, but as a non-promoter, this acquisition does not directly impact promoter holding or trigger immediate open offer obligations.