Paxal Shah Boosts Stake in Yash Chemex to 7.91% Through Inheritance
Paxal Shah, a promoter group member of Yash Chemex Limited, has significantly increased his shareholding from 0.87% to 7.91% through an inheritance-based share transfer. He acquired 1,27,365 equity shares on September 22, 2025, via transmission from his late grandfather. The transaction was disclosed to the stock exchange on September 24, 2025, in compliance with SEBI regulations. Yash Chemex Limited has a total equity share capital of Rs. 10.24 crores.
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Yash Chemex Limited , a company listed on the BSE, has reported a significant change in its shareholding pattern following a recent inheritance-based share transfer. Paxal Shah, a member of the company's promoter group, has substantially increased his stake in the firm through a transmission of shares from his late grandfather.
Key Details of the Share Acquisition
- Acquirer: Paxal Shah (Promoter Group Member)
- Number of Shares Acquired: 1,27,365 equity shares
- Mode of Acquisition: Transmission (Inheritance from grandfather)
- Date of Acquisition: September 22, 2025
- Face Value of Shares: Rs. 10 each
Impact on Shareholding
The acquisition has resulted in a significant boost to Paxal Shah's ownership in Yash Chemex Limited:
| Shareholding | Before Acquisition | After Acquisition |
|---|---|---|
| Number of Shares | 89,230 | 8,10,595 |
| Percentage Stake | 0.87% | 7.91% |
This transaction represents a substantial increase in Paxal Shah's stake, moving from a minor shareholding to a more significant position within the company's ownership structure.
Company Overview
Yash Chemex Limited (BSE: 539939) has a total equity share capital of Rs. 10.24 crores, consisting of 1,02,43,425 equity shares with a face value of Rs. 10 each.
Regulatory Compliance
In compliance with the Securities and Exchange Board of India (SEBI) regulations, specifically the Substantial Acquisition of Shares and Takeovers Regulations, 2011, Paxal Shah has duly disclosed this acquisition to the stock exchange. The disclosure was made on September 24, 2025, adhering to the regulatory requirements for substantial share acquisitions.
Promoter Group Dynamics
The acquisition strengthens the position of the promoter group within Yash Chemex Limited. As per the LODR data, other members of the promoter group and Persons Acting in Concert (PAC) include:
- Yashwantlal C Shah HUF
- Pritesh Y Shah (HUF)
- Yashwantlal Chhanalal Shah
- Pritesh Yashwantlal Shah
- Chandrika Y Shah
- Dimple Priteshkumar Shah
This inheritance-based share transfer underscores the continuity of family ownership within the company's promoter group structure.
Historical Stock Returns for Yash Chemex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.81% | +1.61% | +29.14% | +72.79% | +68.25% | +59.17% |
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