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 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.

SEBI Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The formal disclosure letter was submitted to BSE Limited on March 12, 2026, by Mehta himself, acknowledging the substantial acquisition of shares.

Mehta, who serves as a promoter of the company, is based in Mumbai at A/1001 Nandadevi CHS, Santacruz East. 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. The transaction was conducted in compliance with all applicable SEBI regulations for substantial acquisition disclosures.

Chemkart India Limited has announced a strategic investment of Rs. 2.00 crores in its wholly owned subsidiary, Easy Raw Materials Private Limited, through a rights issue mechanism. The investment, disclosed under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015, represents a significant step in the company's expansion plans as outlined in its Initial Public Offering prospectus.

Investment Details and Structure

The investment was executed through the issue and allotment of 20,00,000 equity shares of Easy Raw Materials Private Limited. Each share carries a face value of Rs. 10/- and was issued at the face value price of Rs. 10/- per share.

Subsidiary Company Profile

Easy Raw Materials Private Limited operates in the nutraceuticals and health supplements manufacturing sector, specifically focusing on trading of pharma products and nutritional supplements. The company was incorporated in 2020 and maintains its operations in India.

Financial Position

Capital Structure Post-Investment

Strategic Rationale and IPO Proceeds Utilization

This investment forms part of the systematic utilization of proceeds from Chemkart India's Initial Public Offering, as specified in the company's prospectus dated July 10, 2025. The primary objective of this capital infusion is to commission the manufacturing unit of Easy Raw Materials Private Limited, aligning with the company's strategic expansion into the nutraceuticals and health supplements manufacturing sector.

Regulatory Compliance and Related Party Considerations

The transaction has been structured as a related party transaction, given Easy Raw Materials Private Limited's status as a wholly owned subsidiary. The company has confirmed that the transaction is conducted at arm's length principles, ensuring compliance with regulatory requirements. The investment was made through cash consideration and did not require any governmental or regulatory approvals beyond standard compliance procedures.

Chemkart India Limited maintains 100.00% shareholding in Easy Raw Materials Private Limited both before and after this rights issue, reinforcing its complete control over the subsidiary's operations and strategic direction.