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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Awaiting price reaction for this filing.
Mr. Kantilal Patel (through M/s Varun Family Trust) along with persons acting in concert (PACs) sold 50,000 equity shares of Pratiksha Chemicals Ltd (Scrip Code: 531257) in the open market on 28.05.2025. The seller belongs to the promoter/promoter group. The sale represents 0.90% of the company's paid-up equity capital. As a result, the combined promoter group holding declined from 42.40% (23,62,139 shares) to 41.51% (23,12,139 shares). No encumbrance (pledge/lien) changes were reported. The total equity capital of the company stands at 55,70,340 shares of Rs. 10 each.
This is a small promoter offloading of less than 1% stake in the open market, with no change in encumbrance. Promoter control remains intact at over 41%, well clear of any takeover trigger thresholds, so the immediate impact on share price is expected to be limited but may be read as mild promoter trimming.