The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Paxal Shah & PACs
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Awaiting price reaction for this filing.
Mr. Paxal Shah, part of the Promoter Group of Yash Chemex Ltd, acquired 7,292 equity shares (0.07% of the equity capital) through open market purchases on BSE on 24th and 25th November 2025. This is a small creeping acquisition that lifted his individual holding from 7.94% (8,73,796 shares) to 8.07% (8,81,088 shares). The total equity share capital of the company remains unchanged at INR 10,24,34,250, comprising 1,02,43,425 equity shares of INR 10 each. The disclosure also lists PACs including Yashwantlal C Shah HUF, Pritesh Y Shah HUF, Pritesh Yashwantlal Shah, Chandrika Y Shah, and Dimple Priteshkumar Shah.
This is a minor promoter share purchase and signals continued promoter confidence in the company. The size of the acquisition is too small (0.07%) to materially affect share price or shift control, but it nudges the promoter group's stake slightly higher.