The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kantilal Patel (Varun Family Trust)
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Mr. Kantilal Patel (Varun Family Trust), part of the promoter and promoter group of Pratiksha Chemicals Ltd, sold 50,000 equity shares (0.90% of paid-up capital) in the open market on 29 May 2025. Post-sale, the combined promoter group holding has come down from 22,62,139 shares (40.61%) to 22,12,139 shares (39.71%). The total equity share capital of the company remains unchanged at 55,70,340 shares of Rs. 10 each. No encumbrance or pledge activity is involved in this transaction.
A small open-market sale by the promoter group (under 1% of capital), keeping promoter holding comfortably below the 50% mark and not breaching any takeover thresholds. Marginal dilution in promoter stake; unlikely to materially affect share price or corporate control.