The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neeta U Kothari & Others
Awaiting price reaction for this filing.
Neeta U. Kothari, along with Udayankumar N. Kothari HUF and Udayankumar N. Kothari (Persons Acting in Concert), sold 6,28,175 equity shares of Hindustan Fluorocarbons Ltd in the open market through broker ARJ Securities between 27-01-2026 and 28-01-2026. This represents 3.21% of the company's total share capital. Their collective holding dropped from 9,15,279 shares (4.67%) to 2,87,104 shares (1.46%). The sellers are not part of the promoter or promoter group. The company's total equity capital remains unchanged at 19,59,91,000 shares.
This is a significant open-market sale by a non-promoter shareholder, reducing their stake by roughly two-thirds. While not a promoter action, such large block sales can create temporary supply pressure on the stock and signal reduced confidence from an existing shareholder.