Acquisitions20 Mar 2026, 09:37 am
Mehul Joshi Acquires Shares of Mehul Colours Ltd on Open Market
AI Summary
Mehul Joshi, Promoter and Managing Director of Mehul Colours Ltd, has disclosed the purchase of equity shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was made on the open market, with the shares being purchased in multiple tranches. The total shares held by Joshi and Persons Acting in Concert (PAC) after the acquisition is 71.53% of the total share and voting capital, and 71.53% of the total diluted share and voting capital.
Key Highlights
- Mehul Joshi, Promoter and Managing Director of Mehul Colours Ltd, has purchased equity shares
- The acquisition was made on the open market
- The shares were purchased in multiple tranches
- The total shares held by Joshi and PACs after the acquisition is 71.53%
- The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Price Impact
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