The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mrs. Ratna Harshad Patel
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Mrs. Ratna Harshad Patel, part of the promoter group of Pratiksha Chemicals Ltd, has sold 50,000 equity shares (0.90% of total share capital) in the open market on 3 June 2025. Her holding along with persons acting in concert (PACs) has reduced from 17,12,139 shares (30.74%) to 16,62,139 shares (29.84%). The transaction was carried out purely through the open market route, with no change in encumbered shares (which remain at zero). The disclosure has been filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011.
This is a relatively small promoter-group sell-off of under 1%, so it is unlikely to cause a major negative reaction. However, retail investors may view any promoter selling — even of this size — with mild caution, as it signals some promoter intent to trim holdings in the company.