Gokul Refoils promoter acquires 707 shares in open market
- Promoter Bhikhiben Balvantsinh Rajput acquired 707 equity shares
- Transaction executed in open market on August 25, 2026
- Individual stake rises to 23.1850% of total voting capital
- Composite promoter group holding increases to 73.78%
- No encumbrances or pledged shares reported for the acquirer
*this image is generated using AI for illustrative purposes only.
Gokul Refoils & Solvent promoter Bhikhiben Balvantsinh Rajput acquired 707 equity shares in the open market on August 25, 2026. The transaction brings her individual holding to 2,29,51,957 shares, representing 23.1850% of the total voting capital.
The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to both the BSE and NSE on August 26, 2026.
Shareholding Details
The acquirer holds shares carrying voting rights with no encumbrances or warrants. The total equity share capital of the company remains unchanged at Rs.19,79,90,000, divided into 9,89,95,000 equity shares of Rs. 2/- each.
| Metric | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Shares held by Acquirer | 2,29,51,250 | 707 | 2,29,51,957 |
| Stake percentage | 23.1843% | 0.00% | 23.1850% |
| Encumbered shares | NIL | NIL | NIL |
Promoter Group Holding
Bhikhiben Balvantsinh Rajput is part of a larger promoter group acting in concert (PAC). The composite shareholding of the acquirer and PAC stands at 73.78% post-transaction. Other PAC members include Balvantsinh Chandansinh Rajput, Dharmendrasinh Rajput, Arjunsinh Rajput, and Profitline Securities Pvt. Ltd. None of the other PAC members transacted during this period.
| Entity | Stake Before | Stake After |
|---|---|---|
| Bhikhiben Balvantsinh Rajput | 23.1843% | 23.1850% |
| Balvantsinh Chandansinh Rajput | 24.63% | 24.63% |
| Dharmendrasinh Rajput | 8.30% | 8.30% |
| Arjunsinh Rajput | 1.74% | 1.74% |
| Profitline Securities Pvt. Ltd. | 15.92% | 15.92% |
| Total PAC | 73.77% | 73.78% |
Historical Stock Returns for Gokul Refoils & Solvent
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.91% | -2.12% | +7.15% | +3.25% | +3.02% | 0.0% |
How might this incremental stake acquisition signal the promoter's confidence in Gokul Refoils' near-term operational performance or valuation?
Could this move be a precursor to larger corporate actions, such as a rights issue or further open market accumulation by the promoter group?
What impact will this increased promoter holding have on the free float and liquidity of Gokul Refoils shares on BSE and NSE?
20
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
