The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harshadbhai K Patel & PACs
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On the reaction day the stock moved 2.9 pts less than Nifty Microcap 250 and 2.5 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.
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Mr. Harshadbhai K Patel, along with persons acting in concert (PACs) including Harshad Kantilal Patel HUF, Mukesh Chinubhai Shah, and Kantilal Patel, sold 1,00,000 equity shares of Pratiksha Chemicals Ltd in the open market on 28 August 2025. This represents 1.80% of the company's total share capital. The group's collective holding dropped from 5,82,841 shares (10.47%) before the sale to 4,82,841 shares (8.67%) after the sale. The disposal was carried out on BSE, and the disclosure was filed with the exchange on 1 September 2025.
This is a promoter-led sell-off crossing below the 10% shareholding threshold, which retail investors may view as a cautious signal about insider sentiment. It could exert mild short-term pressure on the stock, though the sale size is modest relative to total capital.