StockWatch
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Plastic Products - Industrial
Shareholding5 Jun 2026, 12:53 pm

Tainwala Chemicals: Rakesh Tainwala & PACs Disclose Shareholding Change

AI Summary

Tainwala Chemicals and Plastics (India) Ltd has filed a disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. Rakesh Dungarmal Tainwala, along with Persons Acting in Concert (PACs), has acquired 5,86,464 shares, representing 6.26% of the total share capital. This acquisition was an inter-se transfer by way of gift from Rajkumar Tainwala to Rakesh Dungarmal Tainwala. Post-acquisition, the total holding of Rakesh Tainwala and PACs stands at 67.85% of the company's equity share capital.

Key Highlights

  • Rakesh Tainwala and PACs acquired 6.26% stake via inter-se transfer.
  • Total promoter holding now stands at 67.85%.
  • Acquisition was a gift from Rajkumar Tainwala.
  • Disclosure filed under SEBI (SAST) Regulations, 2011.