The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Paxal Shah & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Paxal Shah, part of the promoter group of Yash Chemex Ltd, along with persons acting in concert (PACs), disclosed the acquisition of 7,21,365 equity shares (7.04% of the company's paid-up capital) by way of transmission, i.e., inheritance from his grandfather. This increased his individual stake in the company from 0.87% (89,230 shares) to 7.91% (8,10,595 shares). The acquisition was effected on 22nd September 2025 and reported to BSE under SEBI's SAST Regulations, 2011. No consideration changed hands in the market; it was an internal promoter family transfer. The total equity capital of the company remained unchanged at 1,02,43,425 shares.
This is a neutral-to-marginally-positive event for existing shareholders — it represents consolidation within the promoter family via inheritance rather than any new dilution or open-market buying. It signals continuity of promoter family involvement without affecting share price or float.