Announced Mon, 2 Jun · 13:47 IST

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)

Promoter Below 50pctOwnership Changes View source PDF

Price

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.