The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harshadbhai K Patel

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-7.3%Reaction day

₹22.86

prior close

₹21.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-7.8% vs market

Specialty Chemicals peers, median of 84sector+0.4%-7.7% vs sector

On the reaction day the stock moved 7.8 pts less than Nifty Microcap 250 and 7.7 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

+0.0

15m

+0.0

30m

+4.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.3+0.5-7.8+0.4-7.7

Next day

-2.8+1.0-3.8+0.3-3.1

-7.3+1.0-8.2+0.3-7.6

-2.4+2.4-4.8+2.1-4.5

-7.2+3.1-10.3+2.3-9.5

-5.4+3.6-9.0+2.3-7.7

-6.6+1.7-8.3+1.5-8.1

15d

+3.0+1.8+1.2+0.4+2.6

-5.6+3.6-9.3+2.9-8.6

-12.4+1.0-13.5-0.1-12.3

-12.6+0.5-13.1-2.2-10.3

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 84Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Harshadbhai K Patel, a member of the promoter group of Pratiksha Chemicals Ltd, has sold 1,50,000 equity shares (2.69% of total share capital) through the open market on 02.06.2025. Before the sale, the promoter along with persons acting in concert (PACs) held 19,62,139 shares (35.22%); after the sale, their holding has come down to 18,12,139 shares (32.53%). The transaction was carried out on the BSE where the stock is listed. No encumbrance or pledge activity was involved in this disclosure.

Likely market impact

This is a promoter-group offloading of nearly 2.7% stake in the open market, which is generally viewed as a negative signal by retail investors as it reduces promoter skin in the game and may pressure the stock price in the short term.