Vivek Kumar Jain has filed a mandatory disclosure following an increase in his shareholding in Gujarat Fluorochemicals Limited due to the transmission of 20,100 Equity Shares (0.02%) from his late father, Shri Devendra Kumar Jain. This transmission resulted in Mr. Jain’s total voting rights increasing to 40,200 shares, representing 0.04% of the total capital. The acquisition by transmission was officially recorded on February 16th, 2026.
Mandatory Disclosure Filed by Vivek Kumar Jain
This formal notification concerns a change in shareholding concerning Gujarat Fluorochemicals Limited, the Target Company (TC), disclosed by Vivek Kumar Jain on February 18th, 2026. The change arose from the transmission of equity shares from the account of the late Shri Devendra Kumar Jain, a member of the Promoter and Promoter Group.
Details of Share Transmission
The key change involves the transmission of 20,100 Equity Shares, equivalent to 0.02% of the total share capital, into the name of Vivek Kumar Jain. This transaction was completed via acquisition by way of transmission on February 16th, 2026.
Holding Pre- and Post-Acquisition
Prior to this transmission, Mr. Jain’s holding, including Persons Acting in Concert (PACs), consisted of 20,100 shares (0.02%). Following the transmission, the total holding by Vivek Kumar Jain and his PACs increased to 40,200 Equity Shares, which now represents 0.04% of the total diluted share capital.
| Holding Category | Shares Carried Voting Rights | % w.r.t. total capital (*) | % w.r.t. total diluted capital () |
| Before Acquisition | 20,100 | 0.02% | 0.02% |
| Acquired | 20,100 | 0.02% | 0.02% |
| After Acquisition | 40,200 | 0.04% | 0.04% |
Capital Structure Context
The filing notes that the equity share capital of Gujarat Fluorochemicals Limited before and after the acquisition remained constant at Rs. 10,98,50,000/-, divided into 10,98,50,000 Equity Shares of Re. 1/- each fully paid up.
Associated Persons Acting in Concert (PACs)
The Persons Acting in Concert (PACs) identified in this disclosure alongside Vivek Kumar Jain include:
- Inox Leasing and Finance Limited
- Aryavardhan Trading LLP
- Devansh Trademart LLP
- Devansh Jain
- Nandita Jain
Source: BSE
