Chemkart India Limited has disclosed that its promoter Shailesh Vinodrai Mehta acquired 55,200 equity shares of the company through on-market purchase on BSE. The transaction, valued at ₹55.19 lakh, was executed on March 11, 2026, and disclosed to the exchange on March 12, 2026, under SEBI insider trading regulations.

Transaction Details

The share acquisition significantly increased Mehta's stake in the company. His shareholding rose from 71,407 shares to 1,26,607 shares, representing an increase in ownership percentage from 0.59% to 1.05%.

Shareholding Changes

The transaction details show a substantial increase in the promoter's equity position in Chemkart India Limited.

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Company CFO Basavaraj Dalawai signed the regulatory filing submitted to BSE Limited on March 12, 2026. The company's scrip code on BSE is 544442.

Mehta, who serves as a Director of the company with DIN 10563871, is based in Mumbai. The acquisition represents a significant vote of confidence by the promoter in the company's prospects, as evidenced by the substantial increase in his equity stake through market purchase.

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.

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.

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.

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.