Promoter group member Jaini Shailesh Mehta has increased her shareholding in Chemkart India Ltd by acquiring 1,200 equity shares through an open market transaction on BSE Limited. The acquisition, executed on July 6, 2026, raised her total stake to 0.04% of the paid-up equity share capital. The disclosure was submitted to the exchange in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to the transaction, Jaini Shailesh Mehta held 4,207 shares, accounting for a 0.03% stake. Following the purchase of 1,200 shares, her total holding stands at 5,407 shares. The company's total paid-up equity share capital is ₹12,09,90,000, divided into 1,20,99,000 equity shares of ₹10 each. The intimation regarding this acquisition was submitted to the company and the stock exchange on July 8, 2026.

Shareholding Details

Chemkart India has invested ₹10 lakh in its wholly-owned subsidiary, Vinstar Biotech Private Limited, through a rights issue. The investment was made to support the subsidiary's capital expenditure and working capital requirements.

The company allotted 1,00,000 equity shares with a face value of ₹10 each at an issue price of ₹10 per share. Following this allotment, Chemkart India continues to hold 100% of the shareholding in Vinstar Biotech. The transaction was conducted at arm's length and falls under the ambit of related party transactions.

Vinstar Biotech is an R&D-driven nutraceutical company incorporated in 2023. It specializes in proprietary bioactive technologies and the commercial distribution of health and nutraceutical products. The entity focuses on liposomal and microencapsulated delivery platforms to enhance the bioavailability of health supplements, vitamins, and amino acids.

As of March 31, 2026, Vinstar Biotech reported a turnover of ₹223.43 Lakhs. The entity recorded a loss after tax of ₹24.72 Lakhs and a net worth of negative ₹34.69 Lakhs. The subsidiary had no turnover in the financial years 2023-24 and 2024-25.

Financial Details of Vinstar Biotech