Sotac Pharma confirms no encumbrance on promoter shares

4 min read Updated on 23 May 2026, 06:23 PM

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Riya DScanX News Team

AI Summary

Sotac Pharmaceuticals Limited has submitted a declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation states that no encumbrance has been created on the shares held by the promoters and promoter group during the financial year 2025-26. The disclosure was made by Sharadkumar Dashrathbhai Patel on behalf of the promoter and promoter group.

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Sotac Pharmaceuticals Limited has confirmed that no encumbrance has been created on the shares held by its promoters and promoter group during the financial year 2025-26. The declaration was submitted under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation was provided by Sharadkumar Dashrathbhai Patel, a promoter of the company, on behalf of the promoter and promoter group and persons acting in concert.

The disclosure states that none of the promoters or the promoter group have created any encumbrance on the shares of Sotac Pharmaceuticals Limited held by them, directly or indirectly, other than what has already been disclosed. The declaration is dated April 04, 2026, and has been submitted to the National Stock Exchange of India Limited and the company's Audit Committee for their records.

Promoter and Promoter Group Details

The list of individuals and entities comprising the promoter and promoter group has been disclosed as part of the submission. The categorization includes both individual promoters and members of the promoter group, as well as corporate entities.

Sr. No	Name of Person Promoter/ Promoter group	Category
1	Chetankumar Bachubhai Patel	Promoter
2	Dineshkumar Babulal Gelot	Promoter
3	Sharadkumar Dashrathbhai Patel	Promoter
4	Kiran Baldevbhai Jotania	Promoter
5	Vishalkumar Devrajibhai Patel	Promoter
6	Dhara Chetankumar Patel	Promoter Group
7	Vasantkumar Devrajibhai Patel	Promoter Group
8	Sarojben Dineshkumar Gelot	Promoter Group
9	Shaileshkumar Vishnuprasad Patel	Promoter Group
10	Pinki Sharadkumar Patel	Promoter Group
11	Mitul Shaileshkumar Patel	Promoter Group
12	Dashrathbhai Ramabhai Patel	Promoter Group
13	Narmadaben Dashrathbhai Patel	Promoter Group
14	Sanjay Dashrathbhai Patel	Promoter Group
15	Dipikaben Nileshkumar Patel	Promoter Group
16	Rekhaben Saileshkumar Patel	Promoter Group
17	Bhavanaben Manishkumar Patel	Promoter Group
18	Aarav Sharadkumar Patel	Promoter Group
19	Krishna Sharadkumar Patel	Promoter Group
20	Manubhai Sakalchand Patel	Promoter Group
21	Gitaben Manubhai Patel	Promoter Group
22	Nikki Manubhai Patel	Promoter Group
23	Babulal Ganeshji Gelot	Promoter Group
24	Kalpeshkumar Babulal Gelot	Promoter Group
25	Varshaben Kapilkumar Solanki	Promoter Group
26	Vedant Dineshkumar Gelot	Promoter Group
27	Yashvi Dineshkumar Gelot	Promoter Group
28	Shankarlal Naranji Solanki	Promoter Group
29	Chetnaben Shankarlal Solanki	Promoter Group
30	Vijaykumar Shankarlal Solanki	Promoter Group
31	Sumanben Niravkumar Padhiyar	Promoter Group
32	Bachubhai Dalabhai Patel	Promoter Group
33	Ranjanben Shashikant Patel	Promoter Group
34	Sumatiben Deepakkumar Patel	Promoter Group
35	Sarojaben Patel	Promoter Group
36	Dhyana Chetankumar Patel	Promoter Group
37	Stuti Chetankumar Patel	Promoter Group
38	Neel Mahendrakumar Patel	Promoter Group
39	Hetal Mehulkumar Patel	Promoter Group
40	Devrajibhai Dhanjibhai Patel	Promoter Group
41	Manjulaben Devrajibhai Patel	Promoter Group
42	Ami Vishalkumar Patel	Promoter Group
43	Nayanaben Pravinbhai Patel	Promoter Group
44	Prayag Vishalkumar Patel	Promoter Group
45	Ratilal Meghjibhai Patel	Promoter Group
46	Patel Pushpaben Ratilal	Promoter Group
47	Patel Ripalben Ratilal	Promoter Group
48	Krupali Mahesh Patel	Promoter Group
49	Baldevbhai Prabhubhai Panchasara	Promoter Group
50	Jayeshbhai Baldevdas Prajapati	Promoter Group
51	Hetalben Baldevbhai Panchasara	Promoter Group
52	Shlok Baldevbhai Jotania	Promoter Group
53	Trikambhai Chaturbhai Prajapati	Promoter Group
54	Dinaben Chaturbhai Prajapati	Promoter Group
55	Nileshbhai Trikambhai Jotania	Promoter Group
56	PravinBhai Trikambhai Jotania	Promoter Group
57	Tejaben Babulal Mali	Promoter Group
58	Sotac Healthcare Private Limited	Promoter Group
59	Sotac Research Private Limited	Promoter Group
60	Sotac Lifesciences Private Limited	Promoter Group
61	Syzer Lifesciences	Promoter Group
62	Chamunda Cement Pipe Industries	Promoter Group
63	Satyam Cold Storage	Promoter Group
64	Shiv Shankar Cold Storage	Promoter Group
65	Ismani Krupa Cold Storage	Promoter Group
66	Patel Trading Company	Promoter Group
67	3rd Eye Optics	Promoter Group
68	Ahura Salt Works	Promoter Group
69	Shankarlal & Co.	Promoter Group
70	Saral Pharma	Promoter Group

The submission is intended for the information and records of the stock exchange and the company's Audit Committee.

Historical Stock Returns for Sotac Pharmaceuticals

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.27%	-0.27%	-0.13%	-6.57%	-7.81%	-5.13%

How might Sotac Pharmaceuticals' clean encumbrance record influence institutional investor confidence and potential foreign portfolio investment in the company going forward?

Given the extensive promoter group spanning 70 entities including diverse businesses like cold storage and cement pipe industries, how could this conglomerate structure impact Sotac Pharmaceuticals' future capital-raising strategies?

With three related pharmaceutical entities (Sotac Healthcare, Sotac Research, and Sotac Lifesciences) within the promoter group, are there potential consolidation or merger opportunities that could reshape the company's market position?