BSEInsider Trading / SAST31 Aug 2026 · 31 Aug 2026, 12:04 pm
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajesh Sadhwani
Genpharmasec Ltd · 531592
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Genpharmasec Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating that Rajesh Mirchumal Sadhwani has acquired 50,00,000 shares of the company through the open market, increasing his holding to 14.09% from 13.18%.
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Genpharmasec Ltd - 531592 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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MR. RAJESH MIRCHUMAL SADHWANI
Date: 31.08.2026
To, To,
BSE Limited Board of Directors
The Compliance Department of Corporate Genpharmasec Ltd.
Services, Phiroze Jeejeebhoy Towers, Office No. 104 & 105 (1st Floor),
Dalal Street, Mumbai - 400001 Gundecha Industrial Premises Co-Operative
Society Ltd., Akurli Road, Kandivali (East),
Scrip Code: 531592 Mumbai - 400101
ISIN: INE861N01036
Dear Sir,
Sub:- Disclosure under Reg. 29(2) of SEBI (Substantial Acquisition of Shares and Takeover)
Regulations, 2011.
Please find attached herewith the Disclosure under Regulation 29(2) SEBI (Substantial Acquisition of
Shares and Takeover) Regulations, 2011.
You are kindly requested to take the same on your records.
Thanking you,
Yours faithfully,
Mr. Rajesh Sadhwani
Aquirer / Promoter
Encl: a/a
Format for disclosures under Regulation 29(2) of Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC) Genpharmasec Limited
Name(s) of the acquirer and Persons Acting in Rajesh Mirchumal Sadhwani - Acquirer
Concert (PAC) with the acquirer Sneha Sadhwani - PAC
Whether the acquirer belongs to Promoter / Yes
Promoter group
Name(s) of the Stock Exchange(s) where the BSE Limited
shares of TC are Listed
Details of the acquisition as follows Number % w.r.t. total % w.r.t. total
share / voting diluted share/voting
capital wherever capital of the TC
applicable (*) (**)
Before the acquisition under consideration,
holding of
a) Shares carrying voting rights
Rajesh Mirchumal Sadhwani 7,30,00,000 13.18 13.18
Sneha Sadhwani 9,30,01,000 16.80 16.80
b) Shares in the nature of encumbrance (pledge/ 0 0 0
lien/ non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares 0 0 0
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive 0 0 0
shares carrying voting rights in the T C (specify
holding in each category)
e) Total (a+b+c+d) 16,60,01,000 29.98 29.98
Details of acquisition/Sale
a) Shares carrying voting rights acquired/sold
Rajesh Mirchumal Sadhwani 50,00,000 0.90 0.90
Sneha Sadhwani 0 0 0
b) VRs acquired /sold otherwise than by shares 0 0 0
c) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive 0 0 0
shares carrying voting rights in the TC (specify
holding in each category) acquired/sold
d) Shares encumbered / invoked/released by the 0 0 0
acquirer
e) Total (a+b+c+/-d) 50,00,000 0.90 0.90
After the acquisition/Sale, holding of acquirer
along with PACs of:
a) Shares carrying voting rights
Rajesh Mirchumal Sadhwani 7,80,00,000 14.09 14.09
Sneha Sadhwani 9,30,01,000 16.80 16.80
b) Shares encumbered with the acquirer 0 0 0
c) VRs otherwise than by shares 0 0 0
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive 0 0 0
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
e) Total (a+b+c+d) 17,10,01,000 30.88 30.88
Mode of acquisition / sale (e.g. open market / off- Purchase from open market
market / public issue / rights issue / preferential
allotment / inter-se transfer etc)
Date of acquisition / sale of shares / VR or date of 28.08.2026
receipt of intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital of the TC Rs. 55,37,19,700/- divided in to 55,37,19,700 Equity
before the said acquisition Shares of Re. 1/- each.
Equity share capital/ total voting capital of the TC Rs. 55,37,19,700/- divided in to 55,37,19,700 Equity
after the said acquisition Shares of Re. 1/- each.
Total diluted share/voting capital of the TC after Rs. 55,37,19,700/- divided in to 55,37,19,700 Equity
the said acquisition Shares of Re. 1/- each.
(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange
under Clause 35 of the listing Agreement.
(**) 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.
For and behalf of Acquirer & PAC
Rajesh Mirchumal Sadhwani
Place: Dubai
Date: 31.08.2026