The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harshad Kantilal Patel HUF & PACs
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Awaiting price reaction for this filing.
Pratiksha Chemicals Ltd's promoter group entity Harshad Kantilal Patel HUF, along with PACs (Harshadbhai K Patel, Mukesh Chinubhai Shah, and Kantilal Patel), sold 65,000 equity shares (1.17% of share capital) in the open market on August 8, 2025. The sale reduced their combined promoter holding from 6,47,841 shares (11.63%) to 5,82,841 shares (10.47%). No encumbered or pledged shares were involved in this transaction. The disclosure was filed under SEBI's Takeover Regulations as the combined change triggered the reporting threshold. The shares are listed on BSE (Scrip Code: 531257), and the total equity capital of the company remains at Rs. 5.57 crore (55,70,340 shares of Rs. 10 each).
A modest open-market exit by the promoter group, which may mildly weigh on retail sentiment. Promoter holding is now at 10.47%, still meaningful, but further sales could be worth tracking as they approach the 10% creeping acquisition/disposal boundary.