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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Paxal Shah, a member of the Promoter Group of Yash Chemex Limited, has disclosed an open-market purchase of 3,300 equity shares (face value Rs 10) on BSE on 26th and 27th November 2025. This filing is made under SEBI Regulation 29(2) of the Takeover Regulations. His pre-acquisition holding was 8.01%, which has marginally increased to 8.04% post-acquisition — a small 0.03% rise. Total equity share capital of the company stands at Rs 10,24,34,250 comprising 1,02,43,425 equity shares. The acquisition signals continued promoter confidence, though the quantum is very small.
The purchase is tiny in size (just 3,300 shares) and unlikely to materially move the stock price, but it reaffirms promoter group confidence in the company. Retail investors may view this as a positive sentiment signal given that promoter buying — even in small amounts — typically indicates faith in the business.