Nimit Ghatalia Increases Aarey Drugs Stake

Nimit Rajesh Ghatalia has increased his shareholding in Aarey Drugs & Pharmaceuticals Ltd. The disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicates a transaction involving the conversion of warrants into equity shares. Post-transaction, Nimit Rajesh Ghatalia's holding in the company has risen to 1,500,000 shares, representing 4.88% of the total share capital, up from his previous holding of 1,150,000 shares (4.06%). This transaction is part of a larger allotment to the promoter and promoter group following warrant conversions.