The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dinesh Gupta & PACs
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Dinesh Gupta, a member of the promoter group of Vijay Solvex Ltd, sold 15,000 equity shares (0.469% of paid-up capital) to Deepak Vegpro Private Limited, also a promoter group entity, on March 5, 2026. The transaction was carried out as an inter-se transfer through an open market route. After the sale, Dinesh Gupta's holding in the company has been reduced to zero, while Deepak Vegpro's stake has risen from 3.220% (1,03,106 shares) to 3.689% (1,18,106 shares). The total promoter and promoter group holding remains unchanged at 22,07,667 shares, representing 68.962% of the company's paid-up equity capital.
This is a reshuffling of shares within the promoter family/group and does not change the overall promoter holding in the company. Shareholders are unlikely to see any material impact on stock price or ownership structure, as the promoter group's combined stake stays the same.