The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Paxal Shah
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Awaiting price reaction for this filing.
Yash Chemex Ltd informed BSE that Paxal Shah, a member of the Promoter Group, purchased 7,357 equity shares (face value INR 10) through open market on 25th August 2025 under Regulation 29(2) of SEBI Takeover Regulations. Post-acquisition, Paxal Shah holds 7,430 shares (0.0071%), while the total Promoter Group (PAC) holding stands at 89,230 shares (0.087%). The acquisition is very small in both absolute terms and as a percentage of total equity capital (which comprises 1,02,43,425 shares worth INR 10.24 crore). The disclosure was filed by Paxal Shah from Ahmedabad, with copies sent to the company's compliance officer.
This is a minor open-market purchase by a promoter group member and is largely symbolic — the change in shareholding is negligible (under 0.01% individually). Retail investors should note this reflects promoter confidence but the size is too small to materially affect stock price or promoter control.