BSEInsider Trading / SAST23 Jun 2026 · 23 Jun 2026, 11:25 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pradeep Ramniklal Gosalia
Parmax Pharma Ltd · 540359
✦ AI Summary
A non-promoter shareholder, Pradeep Ramniklal Gosalia, disclosed the disposal of 3,00,000 equity shares of Parmax Pharma Ltd through an off-market transfer on June 18, 2026. This transaction reduced his holding from 8.09% (3,02,714 shares) to 0.07% (2,714 shares). This is a compliance filing under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, reporting a significant reduction in a substantial non-promoter's stake.
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Parmax Pharma Ltd - 540359 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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PRADEEP RAMNIKLAL GOSALIA
RAJ VAIBHAV FLAT NO- 1101,
PRADYUMAN GREEN CITY,
KALAWAD ROAD,
RAJKOT GUJARAT - 360001
Date: June 22, 2026
The Manager
Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
BSE Symbol - PARMAX
BSE Scrip Code - 540359
The Company Secretary & Compliance Officer
Parmax Pharma Ltd.
Plot No. 20, Survey No. 52,
Rajkot-Gondal National Highway No.27,
Hadamtala, Tal. Kotda Sangani,
Rajkot GJ-360311 IN, Gujarat
Dear Sir/Madam,
Name of Company: Parmax Pharma Limited
Sub: Filing of report under Regulation 29(2) of the Securities and Exchange Board
of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as
amended ("SEBI Takeover Regulations")
I, Pradeep Gosalia hereby file the disclosures in the format prescribed under
Regulation 29(2) of the SEBI Takeover Regulations, with respect to disposal of
equity shares of the Company.
We request you to please take these disclosures on record.
Yours sincerely,
Name: Pradeep Ramniklal Gosalia
PRADEEP RAMNIKLAL GOSALIA
RAJ VAIBHAV FLAT NO- 1101,
PRADYUMAN GREEN CITY,
KALAWAD ROAD,
RAJKOT GUJARAT - 360001
DISCLOSURE UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF
SHARES AND TAKEOVERS) REGULATIONS, 2011
1. Name of the Target Parmax Pharma Limited
Company (TC)
2. Name(s) of the Seller: Pradeep Ramniklal Gosalia
acquirer/seller and
Persons Acting in Concert
(PAC) with the acquirer/
Seller
3. Whether the acquirer/ No
Seller belongs to
Promoter/ Promoter
group
4. Name(s) of the Stock BSE Limited (“BSE”)
Exchange(s) where the
shares of TC are Listed
5. Details of the acquisition/ Number % w.r.t. total % w.r.t. total
disposal as follows share/voting diluted share/
capital voting capital of
wherever the TC
applicable
Before the acquisition/
disposal under
consideration, holding of:
a) Shares carrying voting 3,02,714 8.09% 8.09%
rights
b) Shares in the nature of Nil Nil Nil
encumbrance (pledge/
lien/ non-disposal
undertaking/ others)
c) Voting rights (VR) Nil Nil Nil
otherwise than by shares
d) Warrants/ convertible Nil Nil Nil
securities/ any other
instrument that entitles
the acquirer/ Seller to
receive shares carrying
voting rights in the TC
(specify holding in each
category)
Total (a+b+c+d) 3,02,714 8.09% 8.09%
PRADEEP RAMNIKLAL GOSALIA
RAJ VAIBHAV FLAT NO- 1101,
PRADYUMAN GREEN CITY,
KALAWAD ROAD,
RAJKOT GUJARAT - 360001
Details of acquisition/sale:
a) Shares carrying voting 3,00,000 8.02% 8.02%
rights acquired/ sold
b) VRs acquired/ sold Nil Nil Nil
otherwise than by shares
c) Warrants/ convertible Nil Nil Nil
securities/ any other
instrument that entitles
the acquirer/ Seller to
receive shares carrying
voting rights in the TC
(specify holding in each
category) acquired/sold
d) Shares encumbered/ Nil Nil Nil
invoked/ released by the
acquirer/ Seller
Total (a+b+c+/-d) 3,00,000 8.02% 8.02%
After the acquisition/sale,
holding of the Seller:
a) Shares carrying voting 2,714 0.07% 0.07%
rights
b) Shares encumbered with Nil Nil Nil
the acquirer/ Seller
c) VRs otherwise than by Nil Nil Nil
shares
d) Warrants/ convertible Nil Nil Nil
securities /any other
instrument that entitles
the acquirer/ Seller to
receive shares carrying
voting rights in the TC
(specify holding in each
category) after
acquisition/ disposal
Total (a+b+c+d) 2,714 0.07% 0.07%
6. Mode of acquisition/ sale By way of transfer pursuant to Share Purchase
(e.g. open market/ off- Agreement entered between Rupa Sunil Shah
market/ public issue/ and Abhay Chinubhai Shah
rights issue / preferential
allotment/ inter-se
transfer etc.)
7. Date of acquisition/ sale June 18, 2026
of shares /VR or date of
receipt of intimation of
allotment of shares,
whichever is applicable
PRADEEP RAMNIKLAL GOSALIA
RAJ VAIBHAV FLAT NO- 1101,
PRADYUMAN GREEN CITY,
KALAWAD ROAD,
RAJKOT GUJARAT - 360001
8. Equity share capital/ total Number of Shares: 37,41,300
voting capital of the TC
before the said Amount (in ₹): 3,74,13,000
acquisition/ sale (Face Value of ₹ 10/- per equity share)
9. Equity share capital/ total Number of Shares: 37,41,300
voting capital of the TC Amount (in ₹): 3,74,13,000
after the said acquisition/ (Face Value of ₹ 10/- per equity share)
sale
10. Total diluted share/ Number of Shares: 37,41,300
voting capital of the TC Amount (in ₹): 3,74,13,000
after the said acquisition/ (Face Value of ₹ 10/- per equity share)
sale
(*) Total share capital/ voting capital to be taken as per the latest filing done by
the Company to the Stock Exchange under Clause 31 of SEBI LODR Regulations.
(**) Diluted share/voting capital means the total number of shares in the TC
assuming full conversion of the outstanding convertible securities/warrants into
equity shares of the TC.
Yours Sincerely,
Name: Pradeep Ramniklal Gosalia
Place: Rajkot, Gujarat
Date: June 22, 2026