Gokul Refoils promoter Bhikhiben Rajput acquires 80,000 shares

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Promoter Bhikhiben Rajput bought 80,000 shares in open market
  • Individual stake rose to 23.18% from 23.10%
  • Promoter group holding increased to 73.77%
  • Total voting capital unchanged at 9.9 crore shares
  • No encumbrances or pledges reported for acquirer
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Gokul Refoils & Solvent promoter Bhikhiben Balvantsinh Rajput acquired 80,000 equity shares in the open market on August 24, 2026. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition increased her individual stake from 23.1034% to 23.1843% of the total share capital. The company’s total voting capital remains unchanged at 9,89,95,000 equity shares with a face value of ₹2 each.

Shareholding Structure

The promoter group, including persons acting in concert (PAC), holds a consolidated stake of 73.77% following the transaction. This represents an increase of 0.08% from the previous holding of 73.69%.

Entity Shares Held Stake %
Bhikhiben Balvantsinh Rajput 2,29,51,250 23.18%
Balvantsinh Chandansinh Rajput 2,43,79,262 24.63%
Dharmendrasinh Rajput 82,15,579 8.30%
Arjunsinh Rajput 17,24,431 1.74%
Profitline Securities Pvt. Ltd. 1,57,61,500 15.92%
Total Promoter Group 7,30,32,022 73.77%

Balvantsinh Chandansinh Rajput remains the largest individual shareholder within the group with a 24.63% stake. No shares were encumbered or pledged by the acquirer or the PAC members.

Transaction Details

The purchase was executed via the open market route. There were no acquisitions of warrants, convertible securities, or voting rights other than through shares. The total diluted share capital remains identical to the equity share capital as no conversion instruments are outstanding.

Historical Stock Returns for Gokul Refoils & Solvent

1 Day5 Days1 Month6 Months1 Year5 Years
-0.42%+6.13%+8.33%+6.37%+6.56%+51.09%

Does this incremental acquisition signal a broader promoter-led consolidation strategy or confidence in the company's near-term valuation?

How might the stable, high promoter holding of 73.77% influence retail investor sentiment and liquidity in the open market?

Are there any upcoming corporate actions or capital allocation plans that could explain the timing of this open market purchase?

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Gokul Refoils promoter buys 82,500 shares in open market

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Promoter Bhikhiben Balvantsinh Rajput acquired 82,500 shares in the open market
  • Transaction occurred on August 21, 2026, increasing stake by 0.0833%
  • Individual holding rose from 23.0201% to 23.1034%
  • Total promoter group holding stands at 73.69% post-acquisition
  • Disclosed under Regulation 29(2) of SEBI SAST Regulations, 2011
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Gokul Refoils & Solvent promoter Bhikhiben Balvantsinh Rajput acquired 82,500 equity shares in the open market on August 21, 2026. The transaction increased her individual holding to 23.1034% of the company’s total share 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 the Bombay Stock Exchange and the National Stock Exchange on August 24, 2026.

Shareholding Details

Before the transaction, Bhikhiben Balvantsinh Rajput held 2,27,88,750 shares, representing 23.0201% of the total voting capital. The purchase of 82,500 shares added 0.0833% to her stake.

Metric Before Acquisition Acquisition After Acquisition
Shares Held 2,27,88,750 82,500 2,28,71,250
Stake Percentage 23.0201% 0.0833% 23.1034%

The total equity share capital of Gokul Refoils and Solvent Limited remains at ₹19,79,90,000, divided into 9,89,95,000 equity shares of ₹2 each.

Promoter Group Holding

Bhikhiben Balvantsinh Rajput is part of a larger promoter group acting in concert (PAC). The group includes Balvantsinh Chandansinh Rajput, Dharmendrasinh Rajput, Arjunsinh Rajput, and Profitline Securities Pvt. Ltd.

The composite holding of the promoter group stands at 73.69% following this transaction. No other members of the PAC group altered their holdings during this period.

  • Balvantsinh Chandansinh Rajput holds 24.63%
  • Dharmendrasinh Rajput holds 8.30%
  • Arjunsinh Rajput holds 1.74%
  • Profitline Securities Pvt. Ltd. holds 15.92%

Historical Stock Returns for Gokul Refoils & Solvent

1 Day5 Days1 Month6 Months1 Year5 Years
-0.42%+6.13%+8.33%+6.37%+6.56%+51.09%

Could this incremental buyback by the promoter signal confidence in upcoming operational results or a potential corporate action for Gokul Refoils?

How might the stable 73.69% promoter group holding influence liquidity and price volatility in the open market?

Are there any pending regulatory filings or disclosures that might explain the timing of this acquisition in August 2026?

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1 Year Returns:+6.56%