Date: November 05, 2026
Ownership & Market Activity
Promoter Group Share Acquisition Details:
- Two promoter group entities acquired 13,083 equity shares through open market purchases on November 02, 2026 and November 03, 2026
- Doshi Karan Amar HUF acquired 6,680 shares, increasing holding from 294,682 shares (1.41%) to 301,362 shares (1.44%)
- Monish Amarbhai Doshi HUF acquired 6,403 shares, increasing holding from 381,542 shares (1.82%) to 387,945 shares (1.85%)
- Total promoter group holding increased from 15,314,035 shares (73.11%) to 15,327,118 shares (73.17%)
Share Capital Structure:
- Total equity share capital: ₹20,94,64,780 divided into 20,946,478 equity shares of ₹10 each
- No shares were encumbered (pledge/lien/non-disposal undertaking) before or after acquisition
- No warrants/convertible securities or other instruments entitling to voting rights were involved
Regulatory Context:
- Disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Filed with National Stock Exchange of India Limited
- Mode of acquisition: Open Market purchases
Persons Acting in Concert:
The acquisition involves the following PAC members: Amar Chinubhai Doshi, Karan Amar Doshi, Monish Amar Doshi, Radhika Amar Doshi, Toral Karan Doshi, Bhoomi Doshi, Amar Chinubhai Doshi (HUF), Doshi Karan Amar (HUF), Monish Amarbhai Doshi (HUF), Rajiv Chandrakant Shah, Falguni Rajiv Shah, Kushal Mitesh Jariwala
Company Officials
Compliance Officer:
- Nitinkumar Nanjibhai Maniya, Company Secretary and Compliance Officer
- Digitally signed the disclosure document on November 05, 2026
Promoter Group Representatives:
- Karan Amar Doshi as Karta of Doshi Karan Amar HUF
- Representative as Karta of Monish Amarbhai Doshi HUF