The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yash Bhuva
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Yash Bhupatbhai Bhuva, a member of the promoter group of Sheetal Cool Products Limited, has acquired 9,004 equity shares, taking his individual holding from 1.3862% (145,555 shares) to 1.47199% (154,559 shares). The shares were received as a gift without any cash consideration on March 28, 2026. The filing was made under SEBI's Takeover Regulations and lists 10 persons acting in concert, all belonging to the Bhuva family promoter group. The total share capital of the company is Rs. 10.50 crore (1,05,00,000 equity shares of Rs. 10 each). This is an intra-family, non-cash transfer with no impact on the company's cash flows or public float.
Minimal impact on retail shareholders — this is a small, non-cash intra-promoter-group transfer that does not change the overall promoter ownership or the public float. No material effect on stock price is expected from this disclosure.