Sudarshan Chemical Industries Limited has announced a divestment of shares by two key individuals. On April 16, 2026, both Pradeep Ramwilas Rathi and Rahul Pradeep Rathi sold portions of their holdings in the company through open market transactions. These sales resulted in a reduction of their respective shareholding percentages, marking a shift in the ownership structure of the organization.
Details of Share Divestment
As per the latest disclosures, both Pradeep Ramwilas Rathi and Rahul Pradeep Rathi offloaded 7,86,119 equity shares each on April 16, 2026. The transactions were executed through open market sales. This movement represents a strategic adjustment to their personal portfolios regarding their investment in the chemical manufacturing company.
Impact on Shareholding Patterns
Following the transactions, the holdings for the two individuals have been updated to reflect the reduction in voting rights:
- Pradeep Ramwilas Rathi: Holding decreased from 4.36% to 3.36% of the total share capital.
- Rahul Pradeep Rathi: Holding decreased from 3.85% to 2.85% of the total share capital.
Corporate Capital Structure
The total equity share capital of the company remains consistent at Rs. 15,72,23,872, divided into 7,86,11,936 equity shares with a face value of Rs. 2 per share. The company’s total diluted share capital stands at Rs. 15,95,82,528, representing 7,97,91,264 shares.
Source: BSE
