BSECompany Update1d ago · 23 Sept 2026, 07:24 pm
Intimation under regulation 30 of SEBI (LODR)Reg, 2015, for Share Purchase Agreement
Hemo Organic Ltd · 524590
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Hemo Organic Ltd has announced that its promoters, Mr. Dineshbhai Shanabhai Patel and Mrs. Sonalben Dineshbhai Patel, have entered into separate share purchase agreements with proposed buyers, detailing the sale of 5,67,958 equity shares representing 16.38% of the company.
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Hemo Organic Ltd - 524590 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
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HEMO ORGANIC LIMITED
CIN - L24231GJ1992PLC018224
Address: Shop 1 to 3, First floor, Piyu Apartment Opp Electricity Sub Station & Mahesh Nagar, Nr. Radhika
Chambers & Jay Amarnath Society, Nikol Gam Road, Uttamnagar, Ahmedabad, Gujarat, India – 382 350
Email ID: hemoorganic@gmail.com Website: www.hemoorganic.co Ph. No. 8238557874
Date: 23rd September, 2026
BSE Limited
Listing Department,
Phiroze Jeejeebhoy Towers,
25th Floor, Dalal Street,
Mumbai – 400 001.
Dear Sir / Madam,
Subject: Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure
Requirement Regulations, 2015)
Ref: Scrip Code: 524590 | Scrip Symbol: HEMORGANIC | ISIN: INE422G01015
Pursuant to Regulation 30 and Regulation 30A of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 ("Listing Regulations") read with Clause 5A of Para A of Part A of Schedule III of the Listing
Regulations, we wish to inform you that Mr. Dineshbhai Shanabhai Patel and Mrs. Sonalben Dineshbhai Patel,
belonging to the Promoter and Promoter Group of the Company, have entered into separate Share Purchase
Agreements (“SPAs”) dated 22nd September, 2026 with the proposed Buyers, as detailed below:
Mr. Dineshbhai Shanabhai Patel has entered into a separate share Purchase Agreement with Mrs. Ketanaben
Jasani, Mrs. Heema Makadia, M/s. V9BIZ Business Solution LLP and Jasani Family Trust; and Mrs. Sonalben
Dineshbhai Patel has entered into a Share Purchase Agreement with Jasani Family Trust, (hereinafter referred
to as the “Buyers”), pursuant to which the seller propose to sell, 5,67,958 (Five Lakhs Sixty-Seven Thousand
Nine Hundred Fifty-Eight) fully paid-up equity shares representing 16.38% of the Company (8.27% fully diluted
shares of the Company assuming full conversion of all outstanding convertible warrants into Equity Shares),
subject to the terms and conditions contained in the respective SPAs.
The Company is not a party to the SPA and has been apprised of its execution by the concerned parties.
The details required under Regulation 30 and Regulation 30A of the Listing Regulations read with SEBI Master
Circular dated 30 January 2026, bearing reference no. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
are enclosed herewith as Annexure A.
We request you to take the same on record.
Thanking you,
FOR, HEMO ORGANIC LIMITED
VISHWAMBAR KAMESHWAR SINGH
MANAGING DIRECTOR
DIN: 09822587
HEMO ORGANIC LIMITED
CIN - L24231GJ1992PLC018224
Address: Shop 1 to 3, First floor, Piyu Apartment Opp Electricity Sub Station & Mahesh Nagar, Nr. Radhika
Chambers & Jay Amarnath Society, Nikol Gam Road, Uttamnagar, Ahmedabad, Gujarat, India – 382 350
Email ID: hemoorganic@gmail.com Website: www.hemoorganic.co Ph. No. 8238557874
ANNEXURE-A
Details required under Regulation 30 and Regulation 30A of the Listing Regulations read with SEBI Master
Circular dated 30 January 2026, bearing reference no. SEBI/ HO/49/14/14(7)2025-CFD-POD2/I/3762/2026
Sr. No. Particulars
1. If the listed entity is a party to the Hemo Organic Limited (“Company”) is not a party to the share
agreement, purchase agreement.
2. If listed entity is not a party to the i. Mr. Dineshbhai Shanabhai Patel has entered into a separate
agreement, share Purchase Agreement with Mrs. Ketanaben Jasani, Mrs.
i. name of the party entering into such Heema Makadia, M/s. V9BIZ Business Solution LLP and
an agreement and the relationship Jasani Family Trust; and Mrs. Sonalben Dineshbhai Patel has
with the listed entity; entered into a Share Purchase Agreement with Jasani Family
Trust, pursuant to which the sellers propose to sell, in
ii. details of the counterparties to the aggregate, 5,67,958 (Five Lakhs Sixty-Seven Thousand Nine
agreement (including name and Hundred Fifty-Eight) fully paid-up equity shares of the
relationship with the listed entity); Company, subject to the terms and conditions contained in
the respective SPAs.
iii. date of entering into the
agreement. ii. Details of the counterparties are as follows:
(a) Mrs. Ketana Ben Jasani, an individual, proposing to
acquire 1,55,986 equity shares representing 4.50% of
the existing paid-up equity share capital of the Company
and 2.27% of the fully diluted shares of the Company,
assuming full conversion of all outstanding convertible
warrants into Equity Shares of the Company from Mr.
Dineshbhai Shanabhai Patel; and
(b) Mrs. Heema Makadia, an individual, proposing to acquire
1,55,986 equity shares representing 4.50% of the
existing paid-up equity share capital of the Company and
2.27% of the fully diluted share of the Company,
assuming full conversion of all outstanding convertible
warrants into Equity Shares of the Company from Mr.
Dineshbhai Shanabhai Patel; and
(c) V9BIZ Business Solution LLP, (LLPIN: AAZ-4344)
proposing to acquire 1,55,986 equity shares
representing 4.50% of the existing paid-up equity share
capital of the Company and 2.27% of the fully diluted
share of the Company, assuming full conversion of all
outstanding convertible warrants into Equity Shares of
the Company from the Sellers; and
(d) Jasani Family Trust, a private trust, proposing to acquire
60,000 equity shares representing 1.73% of the existing
paid-up equity share capital of the Company and 0.87%
of the fully diluted share of the Company from Mr.
Dineshbhai Shanabhai Patel, and 40,000 equity shares
representing 1.15% of the existing paid-up equity share
capital of the Company and 0.58% of the fully diluted
share of the Company from Mrs. Sonalben Dineshbhai
Patel, wherein the fully diluted share is calculated
assuming full conversion of all outstanding convertible
warrants into Equity Shares of the Company;
iii. The share purchase agreement (“SPA”) was executed on
22nd September, 2026
HEMO ORGANIC LIMITED
CIN - L24231GJ1992PLC018224
Address: Shop 1 to 3, First floor, Piyu Apartment Opp Electricity Sub Station & Mahesh Nagar, Nr. Radhika
Chambers & Jay Amarnath Society, Nikol Gam Road, Uttamnagar, Ahmedabad, Gujarat, India – 382 350
Email ID: hemoorganic@gmail.com Website: www.hemoorganic.co Ph. No. 8238557874
3. Purpose of entering into the The SPA records the sale and transfer of 5,67,958 the paid-up
agreement equity share capital of the Company by the Sellers to the
respective Buyers through an off-market transaction, subject to
the terms and conditions contained therein.
4. Shareholding, if any, in the entity Not Applicable
with whom the agreement is
executed
5. Significant terms of the agreement (i) The Sellers have agreed to sell and transfer, and the
(in brief) respective Buyers have agreed to purchase, an aggregate of
5,67,958 (Five Lakhs Sixty-Seven Thousand Nine Hundred
Fifty-Eight) fully paid-up equity shares representing 16.38% of
the paid-up equity share capital of the Company Company
(8.27% fully diluted shares of the Company assuming full
conversion of all outstanding convertible warrants into Equity
Shares), for such consideration as may be mutually agreed
upon by the parties, subject to the terms and conditions set out
in the SPA.
(ii) The proposed transaction is an off-market transfer of equity
shares between the Sellers and the Buyers and is subject to
customary representations, warranties, covenants and other
terms and conditions as specified in the SPA.
(iii) The SPA does not provide for any special rights in favour
of the Buyers, including any right to appoint directors,
affirmative voting rights, veto rights, pre-emptive rights, first
right to subscribe to securities, or any right to restrict changes
in the capital structure of the Company.
(v) The parties shall undertake such actions and execute such
documents as may be necessary for giving effect to the transfer
of shares in accordance with applicable laws and the terms of
the SPA.
6. Details and quantification of the No, the Company is not party to the agreement.
restriction or liability imposed upon
the listed entity
7. Whether, the said parties are related Seller is a promoter of the Company.
to promoter/promoter group/ group Buyers are not re
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