Saptak Chem: Akshay Shah HUF Acquires 16.27% Stake via Preferential Allotment

Akshay Shah HUF has acquired 5,00,000 equity shares of Saptak Chem And Business Ltd through a preferential allotment on April 6, 2026. This transaction resulted in Akshay Shah HUF holding a 16.27% stake in the company's total diluted share capital. The preferential allotment significantly expanded Saptak Chem's equity base, increasing its total equity share capital from ₹1.07 crore (1,073,227 shares) to ₹3.07 crore (3,073,227 shares). This substantial investment by Akshay Shah HUF marks a significant change in the company's ownership structure.