Medico Intercontinental Promoter Increases Stake to 46.40% Through Market Purchase
Medico Intercontinental Limited's Promoter and Managing Director Samir Dilipkumar Shah acquired 1,97,285 equity shares via open market purchase, increasing his shareholding from 44.83% to 46.40%. The transaction was disclosed under SEBI substantial acquisition regulations, with the combined promoter group holding reaching 59.08%.

*this image is generated using AI for illustrative purposes only.
Medico Intercontinental Limited has announced that its Promoter and Managing Director significantly increased his shareholding through open market transactions. The pharmaceutical company disclosed this substantial acquisition under SEBI regulations on December 26, 2025.
Transaction Overview
Mr. Samir Dilipkumar Shah, Managing Director and Promoter of Medico Intercontinental Limited, acquired additional equity shares through open market purchase, triggering disclosure requirements under SEBI substantial acquisition regulations.
| Parameter: | Details |
|---|---|
| Acquirer: | Mr. Samir Dilipkumar Shah |
| Designation: | Managing Director and Promoter |
| Shares Acquired: | 1,97,285 equity shares |
| Transaction Method: | Open market purchase |
| Transaction Date: | December 24, 2025 |
| Disclosure Date: | December 26, 2025 |
Shareholding Changes
The acquisition resulted in a notable increase in Mr. Shah's shareholding percentage in the company:
| Shareholding Status: | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Mr. Samir Shah's Holding: | 44,42,828 shares (44.83%) | 46,40,113 shares (46.40%) | +1.97% |
| PAC Holdings: | 12,68,111 shares (12.68%) | 12,68,111 shares (12.68%) | No change |
| Combined Holding: | 57,10,939 shares (57.11%) | 59,08,224 shares (59.08%) | +1.97% |
Regulatory Compliance
The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulatory framework requires disclosure when there is a substantial change in shareholding that crosses specified thresholds.
The company's equity share capital stands at ₹10.00 crores, with the total diluted share capital remaining unchanged post-acquisition. Mr. Shah communicated the transaction details to BSE Limited, where the company's shares are listed under scrip code 539938.
Persons Acting in Concert
The disclosure identified several Persons Acting in Concert (PAC) with the acquirer, including family members and related entities. The PAC group includes Dilipkumar Bhogilal Shah, Jay Sharadkumar Shah, Dineshkumar Sevantilal Shah, Siddharth Dinesh Shah, Bhartiben Dineshbhai Shah, and Shah Dinesh Sevantilal HUF, maintaining their collective 12.68% shareholding.
Company Profile
Medico Intercontinental Limited operates in the pharmaceutical sector with its registered office at 1-5th Floor, Aditraj Arcade, Near Hetvi Tower, 100 Ft Road, Satellite, Ahmedabad-380015. The company maintains compliance with all regulatory requirements through timely disclosures of material transactions by promoters and key management personnel.
Historical Stock Returns for Medico Intercontinental
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.99% | -6.66% | +23.58% | -3.58% | -22.79% | -1.27% |





























