Rajasvee Sagar Shah, a promoter of Hipolin , disposed of 293,560 equity shares in the open market on August 20, 2026. The transaction represents a 9.38% stake in the company’s total voting capital.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and submitted to the company on August 21, 2026. Shah is identified as belonging to the promoter group of Hipolin Limited.

Transaction Details

The sale was executed through the open market mechanism. Prior to this transaction, Shah held 293,560 shares carrying voting rights, which constituted 9.38% of the total share capital and 9.38% of the diluted share capital. There were no encumbrances, pledges, or voting rights otherwise than by shares associated with this holding before the sale.

Following the disposal, the total equity share capital of Hipolin Limited remains at 3,131,300 equity shares with a face value of ₹10 each. The total diluted share/voting capital also remains unchanged at 3,131,300 equity shares. The company is listed on the Bombay Stock Exchange.

Hipolin Limited has filed its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with the Bombay Stock Exchange (BSE). The company disclosed that the results have been published in The Free Press newspaper in English and Lok Mitra newspaper in Gujarati.

The submission was made pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Daxesh Bhupendrabhai Shah, Director of Hipolin Limited, signed the intimation letter dated August 20, 2026.

Filing Details

The company confirmed that copies of the newspaper advertisements containing the financial results were enclosed with the filing for record purposes. No specific financial metrics such as revenue, net profit, or EBITDA were included in the provided text of the regulatory intimation.