Rajesh Mirchumal Sadhwani, a promoter of Genpharmasec Limited, has acquired an additional 0.90% stake in the company. The acquisition, totaling 50,00,000 shares, was executed through an open market purchase on August 28, 2026. This transaction slightly increases his direct holding and reinforces his position within the company’s ownership structure.
Promoter Stake Increase
In a recent disclosure, Rajesh Mirchumal Sadhwani, identified as an Acquirer/Promoter, has increased his shareholding in Genpharmasec Limited. The acquisition involved the purchase of 50,00,000 shares, representing 0.90% of the total equity share capital. This transaction was completed via the open market.
Acquisition Details
The acquisition took place on August 28, 2026. Prior to this transaction, Rajesh Mirchumal Sadhwani held 7,30,00,000 shares, accounting for 13.18% of the company’s voting capital. Following the purchase, his total holding increased to 7,80,00,000 shares, now representing 14.09% of the voting rights. Sneha Sadhwani, acting as a Person Acting in Concert (PAC), maintains a consistent holding of 9,30,01,000 shares (16.80%).
Ownership Structure Post-Acquisition
The combined holding of Rajesh Mirchumal Sadhwani and the PAC now stands at 17,10,01,000 shares, which is 30.88% of the total equity share capital. The disclosure confirms that there were no changes in shares held under encumbrance or in the form of voting rights otherwise than by shares. The company’s total equity share capital remains at 55,37,19,700 shares of Re. 1/- each.
Source: BSE
