News Orders & Deals Chemkart India Promoter Shailesh Mehta Increases Stake Through Open Market AcquisitionChemkart India Promoter Shailesh Mehta Increases Stake Through Open Market Acquisition
Shailesh Vinodrai Mehta, promoter of Chemkart India Limited, acquired 52,200 equity shares through open market purchase on BSE on February 11, 2026. The transaction increased his shareholding from 17,407 shares (0.14%) to 69,607 shares (0.58%) of the company's total equity capital. The disclosure was made under SEBI's substantial acquisition regulations, with the company's total equity capital remaining at INR 12,09,90,000 comprising 1,20,99,000 shares of Rs. 10 each.
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Chemkart India Limited's promoter Shailesh Vinodrai Mehta has acquired additional equity shares in the company through open market transactions, as disclosed under SEBI's substantial acquisition regulations. The acquisition represents a strategic increase in the promoter's stake in the specialty chemicals company.
Transaction Details
The acquisition involved 52,200 equity shares of face value INR 10 each, purchased through open market transactions on BSE Limited on February 11, 2026. The disclosure was made under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011.
| Transaction Parameter: | Details |
|---|---|
| Shares Acquired: | 52,200 equity shares |
| Face Value: | INR 10 per share |
| Transaction Date: | February 11, 2026 |
| Mode of Acquisition: | Open market purchase on BSE |
| Exchange: | BSE Limited |
Shareholding Changes
The acquisition has resulted in a notable increase in Mehta's shareholding percentage in Chemkart India Limited. His stake has grown from a relatively modest holding to a more substantial position in the company.
| Holding Details: | Pre-Acquisition | Post-Acquisition | Change |
|---|---|---|---|
| Number of Shares: | 17,407 | 69,607 | +52,200 |
| Percentage Holding: | 0.14% | 0.58% | +0.43% |
| Value of Increase: | - | 0.43% of equity | - |
Company Capital Structure
Chemkart India Limited's equity capital structure remains unchanged following this transaction. The company maintains its current capitalization with no dilution of existing shareholdings.
| Capital Structure: | Details |
|---|---|
| Total Equity Capital: | INR 12,09,90,000 |
| Total Number of Shares: | 1,20,99,000 |
| Face Value per Share: | Rs. 10 |
| Company Identification: | CIN - L51220MH2020PLC338631 |
Regulatory Compliance
The disclosure was made in accordance with SEBI regulations governing substantial acquisitions of shares. Shailesh Vinodrai Mehta, identified as a promoter of the company, submitted the required documentation to BSE Limited and copied the Company Secretary and Compliance Officer. The transaction demonstrates adherence to transparency requirements for promoter share acquisitions in listed companies.
The acquisition strengthens the promoter's commitment to the company while maintaining compliance with regulatory disclosure norms. Chemkart India Limited continues to operate with its existing capital structure, with the promoter group showing increased participation in the company's equity ownership.
Historical Stock Returns for Chemkart
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.59% | +12.66% | +5.79% | -43.98% | -53.54% | -53.54% |
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