Shree Ganesh Elastoplast Limited has submitted a regulatory disclosure to BSE Limited regarding the acquisition of company shares by Mrs. Pauravi Mihir Shah, spouse of Mr. Mihir Rameshchandra Shah, who is the Whole Time Director (KMP) of the company. Mrs. Shah is considered a Person Acting in Concert (PAC) under SEBI regulations.
Transaction Details
- Date of Acquisition: 29th June 2026 (intimation received by company on same date)
- Number of Shares Acquired: 18,000 equity shares
- Purchase Price: ₹18.11 per share
- Total Transaction Value: ₹325,980
- Mode of Acquisition: Open market purchase on market trade basis
Shareholding Changes
Before Acquisition (Combined holding of acquirer and PAC):
- Mihir R Shah, Director: 113,586 shares (2.06% voting rights)
- Merry Share-Fin Limited (company in which director is interested): 636,800 shares (11.57% voting rights)
- Pauravi Mihir Shah (spouse): 175,400 shares (3.19% voting rights)
- Total Pre-acquisition Holding: 925,786 shares (16.82% of total voting rights)
After Acquisition:
- Pauravi Mihir Shah's holding increased to 193,400 shares (3.51% voting rights)
- Total Post-acquisition Holding: 943,786 shares (17.15% of total voting rights)
- Net increase of 0.32% in combined voting rights
Capital Structure
- Total Equity Share Capital: 55,02,000 equity shares of ₹10 each
- Total Voting Capital: Unchanged at 55,02,000 equity shares
- Total Diluted Share/Voting Capital: 55,02,000 equity shares (no outstanding convertible securities/warrants)