Chemkart India Promoter Ankit Mehta Increases Stake with ₹10.68 Lakh Share Purchase

1 min read     Updated on 26 Mar 2026, 09:44 PM
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AI Summary

Chemkart India Limited disclosed that promoter Ankit Shailesh Mehta acquired 10,800 equity shares worth ₹10,67,596 through on-market purchase on BSE, increasing his stake from 36.74% to 36.83%. The transaction was completed during March 23-25, 2026, and disclosed in compliance with SEBI PIT Regulations 2015.

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Chemkart India Limited has disclosed that its promoter Ankit Shailesh Mehta acquired additional equity shares in the company through an on-market transaction on BSE. The latest acquisition was disclosed under SEBI (Prohibition of Insider Trading) Regulations, 2015, as required for transactions by designated persons.

Transaction Details

The share acquisition transaction involved the following key parameters:

Parameter: Details
Shares Acquired: 10,800 equity shares
Transaction Value: ₹10,67,596
Transaction Period: March 23-25, 2026
Mode of Acquisition: On Market
Exchange: BSE
Transaction Type: Purchase

Shareholding Changes

The acquisition resulted in an increase in Ankit Shailesh Mehta's shareholding in Chemkart India Limited:

Shareholding Status: Before Transaction After Transaction
Number of Shares: 44,45,065 44,55,865
Percentage Holding: 36.74% 36.83%
Change in Holding: - +0.09%

Regulatory Compliance

The company has fulfilled its regulatory obligations by filing the necessary disclosures with BSE Limited. The disclosure was submitted by Chief Financial Officer Basavaraj Dalawai on March 26, 2026, in compliance with Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Promoter Information

Ankit Shailesh Mehta serves as a Director of Chemkart India Limited with DIN 06792217. His registered address is A/1001 Nandadevi CHS, CTS No. 106, Prabhat Colony, Road No.8, Near Bhoomi Tower, Santacruz East, Mumbai Suburban Maharashtra – 400055. The promoter submitted his disclosure on March 25, 2026, and intimated the company on the same date.

The transaction represents continued investment by the promoter in the company, demonstrating confidence in Chemkart India Limited's business prospects. The acquisition was executed through normal market operations on BSE, with the company maintaining transparency through timely regulatory filings.

Historical Stock Returns for Chemkart

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+2.83%-3.21%-50.46%-62.77%-62.77%

Will Ankit Mehta continue increasing his stake in Chemkart India, potentially triggering an open offer requirement if he crosses the 25% threshold?

What strategic initiatives or expansion plans might Chemkart India be pursuing that warrant increased promoter confidence and investment?

How will this promoter stake increase impact Chemkart India's ability to attract institutional investors or pursue future fundraising activities?

Chemkart India Promoter Shailesh Mehta Acquires 55,200 Shares Under SEBI Regulations

1 min read     Updated on 13 Mar 2026, 09:08 AM
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AI Summary

Chemkart India Limited disclosed that promoter Shailesh Vinodrai Mehta acquired 55,200 equity shares for ₹55.19 lakh through on-market purchase on BSE on March 11, 2026. The acquisition increased his shareholding from 71,407 shares (0.59%) to 1,26,607 shares (1.05%), representing a 0.46% increase in ownership. The transaction was formally disclosed under SEBI Regulation 29(2) of Substantial Acquisition of Shares and Takeover Regulations, 2011.

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Chemkart India Limited has disclosed that its promoter Shailesh Vinodrai Mehta acquired 55,200 equity shares of the company through on-market purchase on BSE. The transaction, valued at ₹55.19 lakh, was executed on March 11, 2026, and disclosed to the exchange on March 12, 2026, under SEBI regulations.

Transaction Details

The share acquisition significantly increased Mehta's stake in the company. His shareholding rose from 71,407 shares to 1,26,607 shares, representing an increase in ownership percentage from 0.59% to 1.05%.

Parameter: Details
Acquirer: Shailesh Vinodrai Mehta (Promoter)
Shares Acquired: 55,200
Transaction Value: ₹55.19 lakh
Purchase Date: March 11, 2026
Exchange: BSE
Mode: On Market

Shareholding Changes

The transaction details show a substantial increase in the promoter's equity position in Chemkart India Limited.

Shareholding: Before Transaction After Transaction
Number of Shares: 71,407 1,26,607
Percentage Holding: 0.59% 1.05%
Shares Added: - 55,200
Percentage Increase: - 0.46%

SEBI Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The formal disclosure letter was submitted to BSE Limited on March 12, 2026, by Mehta himself, acknowledging the substantial acquisition of shares.

Company Details: Information
Company Name: Chemkart India Limited
CIN: L51220MH2020PLC338631
BSE Scrip Code: 544442
Share Capital: ₹12.10 crore (1,20,99,000 shares of ₹10 each)
Listing: BSE Limited

Mehta, who serves as a promoter of the company, is based in Mumbai at A/1001 Nandadevi CHS, Santacruz East. The acquisition represents a significant vote of confidence by the promoter in the company's prospects, as evidenced by the substantial increase in his equity stake through market purchase. The transaction was conducted in compliance with all applicable SEBI regulations for substantial acquisition disclosures.

Historical Stock Returns for Chemkart

1 Day5 Days1 Month6 Months1 Year5 Years
+5.00%+2.83%-3.21%-50.46%-62.77%-62.77%

More News on Chemkart

1 Year Returns:-62.77%