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

1 min read Updated on 04 Sept 2025, 02:09 PM

Reviewed by

Riya DeyScanX 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.

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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:

Dipti Hitesh Shah (Acquirer)
Hitesh Chunilal Shah
Bhavana Mulchand Gala
Harshit Shah
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.

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