Harshdeep Hortico Promoter Group Boosts Stake to 73.08% Through Open Market Purchases

1 min read     Updated on 02 Dec 2025, 12:16 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Promoter group of Harshdeep Hortico increased their collective shareholding from 72.77% to 73.08% through open market purchases between August and November 2025. The group acquired 49,500 equity shares, with Neena Vijay Shah purchasing 24,000 shares, Deepti Hitesh Shah 9,000 shares, and Hitesh Chunilal Shah 16,500 shares. The promoter group now holds 1,17,60,980 shares out of the company's total 1,60,94,060 equity shares.

26203575

*this image is generated using AI for illustrative purposes only.

Promoter group members of Harshdeep Hortico have increased their collective shareholding in the company through a series of open market purchases between August and November 2025. The group, led by Hitesh Chunilal Shah, acquired a total of 49,500 equity shares, raising their stake from 72.77% to 73.08% of the company's total voting capital.

Key Details of the Transaction

Aspect Details
Total Shares Acquired 49,500
Acquisition Period August to November 2025
Mode of Acquisition Open Market Purchases
Pre-transaction Shareholding 72.77%
Post-transaction Shareholding 73.08%
Total Voting Capital 1,60,94,060 equity shares

Breakdown of Acquisitions

Acquirer Shares Purchased Date of Purchase
Neena Vijay Shah 24,000 01 September 2025
Deepti Hitesh Shah 9,000 01 August 2025
Hitesh Chunilal Shah 16,500 28 November 2025

The promoter group, which includes Hitesh Chunilal Shah, Dipti Hitesh Shah, and Neena Vijay Shah, along with Persons Acting in Concert (PAC) such as Bhavana Mulchand Gala, Harshit Shah, and Megh Hitesh Shah, now holds a total of 1,17,60,980 shares in Harshdeep Hortico.

Harshdeep Hortico's equity shares are listed on the BSE Limited, with a total of 1,60,94,060 equity shares of face value Rs. 10/- each constituting the company's voting capital.

The company has duly reported these changes in shareholding as per the regulations set by the Securities and Exchange Board of India (SEBI) under the Substantial Acquisition of Shares and Takeovers Regulations, 2011.

Historical Stock Returns for Harshdeep Hortico

1 Day5 Days1 Month6 Months1 Year5 Years
-0.87%-2.50%-13.18%-19.22%+22.64%+26.33%

Harshdeep Hortico Promoter Group Increases Stake to 72.83% Through Open Market Purchase

1 min read     Updated on 04 Sept 2025, 02:09 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Dipti Hitesh Shah, a promoter group member of Harshdeep Hortico Limited, acquired 9,000 equity shares through an open market purchase on September 1, 2025. This acquisition increased the promoter group's total holding from 72.77% to 72.83% of the company's voting rights, representing a 0.06% increase in stake. The transaction details were disclosed in a regulatory filing under SEBI regulations.

18520763

*this image is generated using AI for illustrative purposes only.

Harshdeep Hortico Limited, a company listed on the BSE, has reported a change in its promoter group shareholding. Dipti Hitesh Shah, a member of the promoter group, has acquired 9,000 equity shares through an open market purchase on September 1, 2025, according to a recent regulatory filing.

Shareholding Impact

The acquisition has resulted in an increase in the promoter group's total holding from 72.77% to 72.83% of the company's voting rights. This transaction represents a 0.06% increase in their stake relative to the total share capital of the company.

Transaction Details

  • Acquirer: Dipti Hitesh Shah
  • Number of Shares Acquired: 9,000
  • Mode of Acquisition: Open Market Purchase
  • Date of Acquisition: September 1, 2025

Promoter Group Composition

The promoter group of Harshdeep Hortico Limited includes:

  1. Dipti Hitesh Shah (Acquirer)
  2. Hitesh Chunilal Shah
  3. Bhavana Mulchand Gala
  4. Harshit Shah
  5. Megh Hitesh Shah

These individuals are considered persons acting in concert (PAC) as per the regulatory filing.

Shareholding Breakdown

Shareholder Before Acquisition After Acquisition
Dipti Hitesh Shah 169,150 (1.05%) 178,150 (1.11%)
Other PAC Members 11,542,330 (71.72%) 11,542,330 (71.72%)
Total Promoter Group 11,711,480 (72.77%) 11,720,480 (72.83%)

Company Share Capital

The equity share capital of Harshdeep Hortico Limited remains unchanged at 16,094,060 shares with a face value of Rs. 10 each. This transaction does not affect the total number of outstanding shares.

The company has made the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as required for such transactions. The filing was made on September 3, 2025, at Thane, following the completion of the share purchase.

Historical Stock Returns for Harshdeep Hortico

1 Day5 Days1 Month6 Months1 Year5 Years
-0.87%-2.50%-13.18%-19.22%+22.64%+26.33%
1 Year Returns:+22.64%