Suchit K. Amin Acquires Additional Shares in Archit Organosys Limited

1 min read     Updated on 20 Mar 2026, 03:37 PM
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Radhika SScanX News Team
Overview

Suchit K. Amin acquired 4,263 equity shares in Archit Organosys Limited through open market purchase on March 19, 2026, increasing his shareholding from 8.66% to 8.68%. The promoter group member's transaction was disclosed under SEBI regulations, with the company's total equity share capital remaining at Rs. 20,52,07,230 consisting of 2,05,20,723 shares of Rs. 10 each.

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Suchit K. Amin has filed a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding his acquisition of equity shares in Archit Organosys Limited. The transaction was completed on March 19, 2026, through open market purchase.

Share Acquisition Details

The acquisition involved 4,263 equity shares, representing 0.02% of the company's total share capital. This transaction increased Amin's total shareholding in the company from his previous position.

Parameter: Before Acquisition After Acquisition
Number of Shares: 17,76,458 17,80,721
Percentage Holding: 8.66% 8.68%
Shares Acquired: - 4,263
Acquisition Percentage: - 0.02%

Promoter Group Information

Suchit Kandarp Amin belongs to the promoter group of Archit Organosys Limited. The disclosure identifies several persons acting in concert (PAC) with the acquirer:

  • Kandarp Amin
  • Archana Amin
  • Archit Amin
  • Shimoli Amin
  • Manini Amin

Company Share Capital Structure

The company's equity share capital structure remained unchanged following this transaction:

Details: Information
Total Equity Share Capital: Rs. 20,52,07,230
Number of Equity Shares: 2,05,20,723
Face Value per Share: Rs. 10
Stock Exchange Listing: BSE Limited
Scrip Code: 524640

Transaction Specifics

The acquisition was executed through open market purchase on March 19, 2026. The disclosure confirms that no shares were encumbered, and no voting rights were acquired otherwise than by shares. Additionally, no warrants, convertible securities, or other instruments entitling the acquirer to receive shares carrying voting rights were involved in this transaction.

The filing indicates that the acquirer held no encumbrances such as pledges, liens, or non-disposal undertakings both before and after the acquisition. The total diluted share capital of the company remains at Rs. 20,52,07,230, consisting of 2,05,20,723 equity shares of Rs. 10 each.

Historical Stock Returns for Archit Organosys

1 Day5 Days1 Month6 Months1 Year5 Years
-0.74%-1.00%-6.60%-24.29%-5.56%+56.33%

Archit Organosys Limited Purchases Land from Promoter for Rs. 10.51 Crore

1 min read     Updated on 17 Mar 2026, 07:25 PM
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Reviewed by
Radhika SScanX News Team
Overview

Archit Organosys Limited executed a Banakhat agreement on March 17, 2026, to purchase land in Bhavnagar from promoter-director Kandarp Amin for Rs. 10.51 crore. The transaction received necessary approvals from the Audit Committee and Board of Directors, with the company maintaining regulatory compliance under SEBI (LODR) Regulations, 2015.

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Archit Organosys Limited has executed a Banakhat agreement for the acquisition of land from its promoter-director for Rs. 10.51 crore. The company informed BSE Limited about this significant related party transaction on March 17, 2026, in compliance with regulatory requirements.

Transaction Details

The land purchase transaction involves specific parameters that highlight the scope and nature of the acquisition:

Parameter: Details
Transaction Value: Rs. 10,51,00,000 (Rs. Ten Crore Fifty-One Lakh Only)
Property Location: Survey/Block No. 41, Town: Kala Talav, District: Bhavnagar
Seller: Shri Kandarp Krishnakant Amin
Seller Designation: Chairman and Whole Time Director (Promoter)
Agreement Type: Banakhat
Execution Date: March 17, 2026

Regulatory Compliance

The transaction has been structured in accordance with SEBI regulations governing related party transactions. The company obtained necessary approvals from its Audit Committee and Board of Directors before proceeding with the land acquisition. This compliance framework ensures transparency in dealings between the company and its promoter-director.

Archit Organosys Limited had previously intimated the exchange about this proposed transaction on February 21, 2026, demonstrating proactive disclosure practices. The company has committed to providing further updates upon execution of the Conveyance Deed/Sale Deed.

Future Disclosures

The company will share additional details as required under SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 upon execution of the Conveyance Deed. This ensures complete regulatory compliance and maintains transparency with stakeholders regarding the land acquisition process.

The transaction represents a significant corporate development for Archit Organosys Limited, involving substantial capital deployment for land acquisition in Gujarat's Bhavnagar district.

Historical Stock Returns for Archit Organosys

1 Day5 Days1 Month6 Months1 Year5 Years
-0.74%-1.00%-6.60%-24.29%-5.56%+56.33%

More News on Archit Organosys

1 Year Returns:-5.56%