Sheetal Cool Products Limited: Promoter Group Member Acquires Additional Shares Through Gift Transaction
Yash Bhupatbhai Bhuva, a promoter group member of Sheetal Cool Products Limited, acquired 9004 equity shares through a gift transaction on 28/03/2026, increasing his holding from 1.3862% to 1.47199%. The acquisition was disclosed under SEBI regulations, with Bhuva acting in concert with 10 other promoter group members. The company's total share capital remains Rs. 10,50,00,000 with shares listed on BSE and NSE.

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Sheetal Cool Products Limited has received a disclosure under SEBI regulations regarding the acquisition of shares by promoter group member Yash Bhupatbhai Bhuva. The transaction involves the acquisition of 9004 equity shares through a gift arrangement, representing a strategic move within the promoter group structure.
Transaction Details
The acquisition was completed on 28/03/2026 through a gift transaction without any monetary consideration. Yash Bhupatbhai Bhuva, residing at Sheri – 17, Rokadvadi, Near Railway Fatak, Keriya Road, Amreli, Gujarat, acquired the shares as part of an internal promoter group arrangement.
| Parameter | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Shares Held | 145555 | 9004 | 154559 |
| Percentage Holding | 1.3862% | 0.08575% | 1.47199% |
| Nature of Transaction | - | Gift (without consideration) | - |
Shareholding Structure
The company's equity structure remains unchanged with a total share capital of Rs. 10,50,00,000, comprising 1,05,00,000 fully paid equity shares of Rs. 10 each. The acquisition represents a minor increase in the promoter group's consolidated holding through internal restructuring.
Persons Acting in Concert
Yash Bhupatbhai Bhuva operates in concert with 10 other promoter group members, including:
- Sanjay Dakubhai Bhuva
- Bhupatbhai Dakubhai Bhuva
- Dineshkumar Dakubhai Bhuva
- Asmitaben Sanjaybhai Bhuva
- Kajalben Dineshbhai Bhuva
- Nayanaben Bhupatbhai Bhuva
- Dakubhai Jivrajbhai Bhuva
- Shantaben Dakubhai Bhuva
- Hardik Dineshbhai Bhuva
- Ektaben Hardikbhai Bhuva
Regulatory Compliance
The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on 30/03/2026. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited. The transaction maintains transparency in promoter group shareholding changes and ensures compliance with regulatory requirements for substantial acquisition disclosures.
Historical Stock Returns for Sheetal Cool Products
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.08% | +2.49% | +3.41% | +35.55% | -2.02% | -50.79% |
What strategic initiatives might Sheetal Cool Products be planning that require internal promoter group shareholding restructuring?
Could this gift transaction signal preparation for a larger equity fundraising or stake dilution in the near future?
Will other promoter group members follow similar internal share transfers to optimize their individual holdings?


































