Pursuant to Regulation 7(2) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, We hereby submit Form C dated December 12, 2025, as received from Dhaval ....
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Awaiting price reaction for this filing.
Spice Islands Industries has submitted a Form C disclosure under SEBI Insider Trading Regulations on behalf of Dhanik Food & Beverages Pvt Ltd, a related entity of Mr. Dhaval Girish Chheda (CEO of the company and Director of Dhanik F&B). The entity was allotted 44,444 equity shares on December 1, 2025, upon conversion of convertible warrants, valued at approximately Rs. 1.16 crore. Prior to this transaction, the entity held no shares in the company. The intimation to the company was made on December 12, 2025. Note: The Form C header mentions 'Kaiser Corporation Ltd' as the company name and a different ISIN, which appears to be either a filing inconsistency or a related disclosure for another listed entity.
This is a routine insider trading compliance filing showing a small stake-building by a KMP-related entity through warrant conversion. With only 44,444 shares acquired (from a nil base), the impact on overall shareholding pattern and stock price is negligible for retail investors.