The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Yash Bhuva
SCPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Yash Bhupatbhai Bhuva, a member of the promoter group of Sheetal Cool Products Ltd, acquired 1,44,800 equity shares on 19 March 2026 through a gift transfer (without any consideration). His holding increased from 755 shares (0.0072%) to 1,45,555 shares (1.3862%) of the company's total equity. The disclosure was filed under SEBI's SAST Regulation 29(2), with 10 persons listed as acting in concert, all belonging to the promoter/promoter group. The company's total share capital remains at 1.05 crore equity shares of Rs 10 each.
This is an internal promoter group reshuffle via gift transfer — no new money enters the company and no dilution occurs. Neutral to mildly positive signal as it shows promoter family consolidation, but the acquirer's individual stake is still small and won't materially move the stock.