The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harshad Kantilal Patel HUF

Promoter sold over 1%Ownership Changes View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-4.6%Reaction day

₹22.23

prior close

₹21.25

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-4.6% vs market

Specialty Chemicals peers, median of 82sector-0.0%-4.6% vs sector

On the reaction day the stock moved 4.6 pts less than Nifty Microcap 250 and 4.6 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+5.5

10m

+5.5

15m

+5.5

30m

+5.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.6-0.1-4.6-0.0-4.6

Next day

+0.3+1.3-1.0+1.1-0.8

-4.6+2.1-6.6+1.5-6.1

-2.7+2.5-5.2+1.7-4.4

-4.9+1.0-5.8+0.3-5.2

-4.0+0.6-4.6+0.0-4.0

-2.3-0.1-2.3-0.5-1.8

15d

+4.3+1.3+3.0+0.2+4.1

-1.1+2.1-3.1+0.7-1.8

-9.1-1.4-7.6-4.7-4.4

-7.9-0.1-7.8-4.9-3.0

UpDownMarket · Nifty Microcap 250Sector · Specialty Chemicals peers, median of 82Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Harshad Kantilal Patel HUF, part of the promoter and promoter group of Pratiksha Chemicals Ltd, has sold 1,00,000 equity shares (1.79%) in the open market on June 3, 2025. After this disposal, the combined holding of the acquirer along with persons acting in concert has reduced from 18,12,139 shares (32.53%) to 17,12,139 shares (30.74%). The disclosure is filed under Regulation 29(2) of SEBI Takeover Regulations, 2011, which mandates reporting of any change in shareholding exceeding 1% by promoters. The total equity share capital of the company remains unchanged at 55,70,340 shares of Rs. 10 each.

Likely market impact

Promoter selling in the open market is often viewed with caution by retail investors as it may indicate reduced promoter confidence or a need for liquidity. However, the sale size is modest (1.79%) and the promoter group still retains a significant stake of 30.74%, so the immediate impact on the stock may be limited.