Ganesh Benzoplast Limited: Substantial Share Disposal by Anil Kumar Dedhia Under SEBI Regulation 29(2)

1 min read     Updated on 30 Apr 2026, 03:23 PM
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AI Summary

Anil Kumar Dedhia disclosed the sale of 1,50,000 shares (0.21%) in Ganesh Benzoplast Limited on April 29, 2026, through open market transactions, reducing his holding from 4.84% to 4.63%. The company's equity capital remains unchanged at Rs. 7,19,89,421 with 71,989,421 shares of Re 1 each.

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Anil Kumar Dedhia has disclosed the disposal of shares in ganesh benzoplast under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated April 29, 2026, was submitted to both BSE Limited and National Stock Exchange of India Limited, confirming the sale of shares through open market transactions.

Transaction Details

The disclosure provides comprehensive details about the share disposal. Anil Kumar Dedhia, who is not part of the promoter or promoter group, sold 1,50,000 shares carrying voting rights. This transaction represented 0.21% of the company's total share capital and voting capital. The mode of acquisition/sale was specified as open market operations.

Shareholding Pattern Changes

The disclosure document outlines the changes in shareholding before and after the transaction:

Shareholder Shares Before % Before Shares Sold Shares After % After
Anil Kumar Dedhia 3,486,000 4.84 1,50,000 3,336,000 4.63
Sandhya Anil Dedhia 525,000 0.73 0 525,000 0.73
Anil V Dedhia (HUF) 95,000 0.14 0 95,000 0.14
Vasanji Shamji Dedhia (HUF) 45,000 0.06 0 45,000 0.06
Total 41,51,000 5.76 40,01,000 5.56

Company Capital Structure

Ganesh Benzoplast Limited's equity share capital and total voting capital remained unchanged at Rs. 7,19,89,421, comprising 71,989,421 equity shares of Re 1 each. The total diluted share/voting capital also remained at Rs. 7,19,89,421 following the transaction. The company's shares are listed on both BSE and NSE exchanges.

Additional Disclosures

The disclosure confirms that there were no shares in the nature of encumbrance, no voting rights otherwise than by shares, and no warrants or convertible securities held by the acquirer either before or after the transaction. The total shareholding of the seller and Persons Acting in Concert (PAC) decreased from 41,51,000 shares (5.76%) to 40,01,000 shares (5.56%) following the disposal.

The disclosure was formally submitted with the handwritten signature of Anil Kumar Dedhia, dated April 29, 2026, from Mumbai, and was copied to the Compliance Officer of Ganesh Benzoplast Limited for record purposes and necessary action as per regulatory requirements.

Key Transaction Summary

Parameter Details
Target Company Ganesh Benzoplast Limited
Seller Anil Kumar Dedhia
Promoter Status No
Shares Sold 1,50,000
Percentage Sold 0.21%
Mode of Sale Open Market
Date of Transaction 29-04-2026
Equity Share Capital Rs. 7,19,89,421 (71,989,421 shares of Re 1 each)
Stock Exchanges BSE and NSE

Historical Stock Returns for Ganesh Benzoplast

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%+5.13%+30.68%+15.99%-17.74%+6.08%

Will Anil Kumar Dedhia continue reducing his stake below the 5% disclosure threshold to avoid future regulatory reporting requirements?

How might this share disposal by a significant stakeholder impact Ganesh Benzoplast's stock price and trading volumes in the coming weeks?

Could this transaction signal potential changes in the company's strategic direction or governance structure given the reduced influence of the Dedhia group?

Ganesh Benzoplast Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 10 Apr 2026, 09:42 PM
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Ganesh Benzoplast Limited has submitted its mandatory quarterly compliance certificate under SEBI Regulation 74(5) for Q4FY26, covering the quarter ended March 31, 2026. The certificate, issued by registrar Bigshare Services Pvt. Ltd., confirms proper handling of dematerialized securities and adherence to regulatory timelines. The submission demonstrates the company's ongoing compliance with securities market regulations and depositories framework requirements.

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Ganesh Benzoplast Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulation, 2018. The submission covers the quarter ended March 31, 2026, and confirms the company's adherence to securities handling procedures.

Regulatory Compliance Details

The certificate was submitted on April 10, 2026, to both BSE Limited and National Stock Exchange of India Limited. Company Secretary and Compliance Officer Ekta Dhanda signed the submission letter, ensuring proper documentation of the regulatory filing.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Quarter Covered: March 31, 2026
Submission Date: April 10, 2026
Registrar: M/s Bigshare Services Pvt. Ltd.

Certificate Confirmation

Bigshare Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 10, 2026. The certificate validates that securities received from depository participants for dematerialization up to March 31, 2026, were properly processed and confirmed to the depositories.

Dematerialization Process Compliance

The registrar confirmed several key compliance aspects:

  • Securities received for dematerialization were accepted or rejected as per regulations
  • All securities comprised in certificates have been listed on appropriate stock exchanges
  • Security certificates received for dematerialization were mutilated and cancelled after verification
  • Depository names were substituted in the register of members within the mandated 15-day period

Corporate Information

Ganesh Benzoplast Limited operates with CIN L24200MH1986PLC039836 and maintains its registered office at Dina Building, 1st Floor, 53, Maharshi Karve Road, Marine Lines, Mumbai. The company's operational office is located at C-501 & C-502, Lotus Corporate Park, Goregaon (East), Mumbai.

This regulatory submission reinforces the company's commitment to maintaining transparency and compliance with SEBI regulations governing securities market operations.

Historical Stock Returns for Ganesh Benzoplast

1 Day5 Days1 Month6 Months1 Year5 Years
-0.53%+5.13%+30.68%+15.99%-17.74%+6.08%

What upcoming business developments or strategic initiatives might Ganesh Benzoplast announce in their next quarterly earnings report?

How might changes in SEBI's regulatory framework for depositories impact Ganesh Benzoplast's compliance costs in the coming quarters?

Will Ganesh Benzoplast's consistent regulatory compliance help attract institutional investors or improve its ESG ratings?

More News on Ganesh Benzoplast

1 Year Returns:-17.74%