Abhay R. Shah has disclosed the sale of equity shares in Organic Coatings Limited through an off-market transaction completed on December 31, 2025. The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Transaction Details

The sale involved 25,607 equity shares, representing 0.26% of the company's total shareholding. Shah, who is not part of the promoter group, executed the transaction through off-market mode.

Shareholding Changes

Prior to this transaction, Shah held 75,757 equity shares representing 0.76% of Organic Coatings Limited. Following the sale, his shareholding has been reduced to 50,150 shares, constituting 0.50% of the company's total equity.

Company Information

Organic Coatings Limited's total equity share capital remains unchanged at ₹99.74 lakhs both before and after the transaction. The company's shares are listed on BSE Limited under stock code 531157. Shah confirmed that he holds no encumbered shares, voting rights other than through equity shares, or any warrants or convertible securities in the company.

Regulatory Compliance

The disclosure was filed with BSE Limited's Department of Corporate Services and copied to the Company Secretary of Organic Coatings Limited. This transaction represents a standard regulatory filing under SEBI's substantial acquisition and takeover regulations, ensuring transparency in shareholding changes for listed companies.

Organic Coatings Ltd , a manufacturer of printing inks and allied products, has announced significant changes to its board composition. The company's Board of Directors has approved the appointment of two new Additional Directors, effective October 13, 2025, following recommendations from the Nomination & Remuneration Committee.

New Appointments

The newly appointed Additional Directors are:

1. Mr. Nikhil D. Sadarangani (DIN: 11284679)
2. Mr. Parth M. Patel (DIN: 06714101)

Directors' Profiles

Both Mr. Sadarangani and Mr. Patel bring fresh perspectives to the board, with their diverse educational backgrounds spanning international business, disruptive innovation, and management.

Independence and Relationships

The company has confirmed that neither of the new directors is related to any existing Director or Key Managerial Personnel of Organic Coatings Ltd. This appointment of independent members to the board aligns with good corporate governance practices, potentially bringing new insights and expertise to the company's leadership.

Regulatory Compliance

The appointments have been made in accordance with the provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time. This ensures that the company remains compliant with regulatory requirements for listed entities.

The board meeting where these appointments were approved commenced at 3:38 p.m. and concluded at 3:45 p.m. on October 13, 2025.

These strategic additions to the board may signal Organic Coatings Ltd's commitment to enhancing its corporate strategy and governance structure. As the company continues to operate in the competitive printing inks and allied products sector, the diverse expertise of its new directors could play a crucial role in shaping its future direction and performance.