Gokul Refoils promoter buys 82,500 shares in open market

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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
+2.80%+17.89%+16.09%+12.90%+12.87%+64.32%

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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Gokul Refoils promoter acquires 9,750 shares in open market

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Reviewed by
Shriram SScanX News Team
Key Highlights

Bhikhiben Balvantsinh Rajput acquired 9,750 shares on August 20, 2026. Individual stake rose from 23.0103% to 23.0201%. Promoter group consolidated holding stands at 73.61%. Transaction executed via open market acquisition. No encumbrances or convertible instruments involved.

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*this image is generated using AI for illustrative purposes only.

Gokul Refoils & Solvent promoter Bhikhiben Balvantsinh Rajput acquired 9,750 equity shares of the company on August 20, 2026, through an open market transaction. The purchase was disclosed to stock exchanges under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The acquisition increased Rajput's individual shareholding from 2,27,79,000 shares (23.0103%) to 2,27,88,750 shares (23.0201%). The transaction added 0.0098% to her voting power in the company.

Promoter Group Holdings

The promoter group, which includes Rajput and persons acting in concert (PAC), maintains a consolidated stake of 73.61% in the company. The 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.

Shareholder Shares Held Stake (%)
Bhikhiben Balvantsinh Rajput 2,27,88,750 23.0201%
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 7,28,69,522 73.61%

Capital Structure Details

The total equity share capital of Gokul Refoils remains unchanged at ₹19,79,90,000, divided into 9,89,95,000 equity shares of ₹2 each. There were no encumbrances, warrants, or convertible securities involved in the transaction. The diluted voting capital also remains at 9,89,95,000 shares.

Historical Stock Returns for Gokul Refoils & Solvent

1 Day5 Days1 Month6 Months1 Year5 Years
+2.80%+17.89%+16.09%+12.90%+12.87%+64.32%

Will this incremental acquisition signal a broader consolidation strategy by the promoter group, or is it merely a routine portfolio adjustment?

How might the stable 73.61% promoter holding influence minority shareholder sentiment regarding potential future buybacks or dividend policies?

Given the unchanged capital structure, are there indications of upcoming corporate actions such as rights issues or bonus shares that could alter current stake percentages?

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1 Year Returns:+12.87%