StockWatch
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Pharmaceuticals
Shareholding3 Oct 2026, 06:10 pm

Aarey Drugs: Nimit Ghatalia crosses 5% post warrant conversion

AI Summary

Nimit Rajesh Ghatalia has disclosed an increase in his shareholding in Aarey Drugs & Pharmaceuticals Ltd. Following the conversion of warrants and subsequent allotment of 1,50,000 equity shares on September 30, 2026, his post-acquisition holding stands at 16,50,000 equity shares, representing 5.18% of the company's total equity share capital. This disclosure is made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The total equity share capital of the company increased from 30,724,303 shares to 31,874,303 shares post-acquisition.

Key Highlights

  • Nimit Ghatalia's stake in Aarey Drugs increased to 5.18%.
  • Acquisition of 1,50,000 shares via warrant conversion.
  • Post-acquisition holding is 16,50,000 equity shares.
  • Disclosure made as per SEBI SAST Regulations, 2011.
  • Company's equity share capital increased post-allotment.