Ajay R. Shah has disclosed the sale of 1,00,000 equity shares of Organic Coatings Ltd through an off-market transaction completed on December 31, 2025. The disclosure was filed with BSE Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Transaction Details

The sale represents a 1.00% reduction in Shah's shareholding in the company. The transaction was executed through off-market mode, indicating a private sale arrangement rather than through the stock exchange.

Shareholding Pattern Changes

The transaction has resulted in a significant reduction in Shah's stake in Organic Coatings Ltd. His shareholding pattern before and after the transaction shows the following changes:

Company Information

Organic Coatings Ltd, listed on BSE with stock code 531157, maintains a total equity share capital of 99,74,600 shares. The company's share capital remained unchanged following this transaction, as it involved a transfer of existing shares rather than any fresh issuance or buyback.

Regulatory Compliance

Shah's disclosure confirms compliance with SEBI regulations requiring substantial shareholders to report changes in their holdings. The seller has confirmed that he does not belong to the promoter or promoter group of the company. The disclosure was made in the prescribed format and submitted to both BSE Ltd and the company secretary of Organic Coatings Ltd.

The transaction details indicate that Shah held no encumbered shares, voting rights other than through equity shares, or any convertible securities in the company either before or after the sale.

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.