StockWatch
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Pharmaceuticals
Shareholding19 May 2026, 10:02 am

Niraj Shah Acquires Shares in Speciality Medicines Ltd

AI Summary

Niraj Shah acquired shares of Speciality Medicines Limited, as disclosed under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition involved 87,85,796 equity shares of ₹10 each, amounting to ₹8,78,57,960. After the acquisition, Niraj Rajnikant Shah holds 5,47,000 shares, representing 6.22% of the total share/voting capital of Speciality Medicines Limited.

Key Highlights

  • Niraj Shah acquired shares in Speciality Medicines Ltd.
  • The acquisition was made under SEBI Takeover Regulations.
  • 87,85,796 equity shares were acquired for ₹8,78,57,960.
  • Post-acquisition, Niraj Shah holds 6.22% of the company's shares.