The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ratna Harshad Patel & PACs
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On the reaction day the stock moved 5.5 pts less than Nifty Microcap 250 and 5.0 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.
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Mrs. Ratna Harshad Patel, along with her Persons Acting in Concert (PACs), sold 18,610 equity shares of Pratiksha Chemicals Ltd in the open market on 06.08.2025. This reduced their combined holding from 6,71,241 shares (12.05%) to 6,52,631 shares (11.72%), a decline of 0.33 percentage points. The seller belongs to the promoter/promoter group of the company. No encumbered shares or warrants were involved in the transaction. The total equity share capital of the company remains unchanged at 55,70,340 shares of Rs. 10 each.
This is a relatively small open-market sale by a promoter group member, reducing their stake marginally. It is unlikely to materially affect the stock price or signal any major shift in promoter confidence, though it is a minor dilution of promoter ownership.