The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kantilal Patel & PACs
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Mr. Kantilal Patel (Varun Family Trust), along with PACs — Harshadbhai K Patel, Harshad Kantilal Patel HUF, Mukesh Chinubhai Shah, and Purnima Adhvaryu — sold 4,790 equity shares of Pratiksha Chemicals Ltd in the open market on August 6, 2025. The transaction represents a 0.09% reduction in their combined shareholding. Aggregate promoter-group holding declined from 6,52,631 shares (11.72%) to 6,47,841 shares (11.63%). The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Pratiksha Chemicals' total equity share capital stands at Rs. 5.57 crore (55,70,340 shares of Rs. 10 each) and remained unchanged.
The sale is very small (0.09%) and unlikely to materially affect the stock price or promoter control. However, it is a signal of mild profit-booking or portfolio rebalancing by the promoter group, which retail investors may want to monitor for any repeated or larger disposals.