Announced Wed, 24 Dec · 16:09 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nikate Khaitan & PACs

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Phosphate Company Ltd has disclosed an inter-se transfer of shares within its promoter group under Regulation 29(2) of SEBI (SAST) Regulations, 2011. Acquirer Nikate Khaitan purchased 1,79,160 shares (4.97%) from PACs within the promoter group, taking her individual stake from 2.93% (1,05,600 shares) to 7.89% (2,84,760 shares). The transfer was made off-market and the date of acquisition was December 31, 2025. The total promoter group holding remains unchanged at 7,97,080 shares, representing 22.10% of the company's equity share capital. The equity share capital of the company stood at Rs. 3,60,74,800 both before and after the transaction.

Likely market impact

Since this is only an internal reshuffle within the promoter group and the total promoter holding stays the same at 22.10%, there is no material impact on shareholding pattern or voting control. Shareholders should note no change in promoter stake percentage despite the visible movement in individual names.