BSEInsider Trading / SAST1 Sept 2026 · 1 Sept 2026, 10:46 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Aditi M Panandikar & Others
Indoco Remedies Ltd · 532612
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Aditi M. Panandikar and Madhura Suresh Kare have acquired 10,000 shares of Indoco Remedies Ltd through the open market, increasing their combined stake to 5.86%.
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Indoco Remedies Ltd - 532612 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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Aditi M. Panandikar
2101, 2102, 21st & 22nd, W-54,
Bal Govindas Marg, Mahim,
Mumbai 400016
Date: 31st August, 2026
To To To,
The Listing Department The Listing Department Compliance Officer
National Stock Exchange Bombay Stock Exchange Indoco Remedies
of India Limited Limited Limited
Exchange Plaza, Floor 25, P. J. Towers, Indoco House, 166
Bandra – Kurla Complex Dalal Street, C.S.T. Road,
Bandra (East) Mumbai – 400 001 Vidyanagari Marg,
Mumbai – 400 051 Stock Code : 532612 Kalina, Santacruz
Stock Code : INDOCO East, Mumbai-400098.
Sub: Intimation/Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition
of Shares and Takeovers) Regulations, 2011
Dear Sir,
With reference to the captioned subject, please find enclosed herewith the disclosure
under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011 in regards to the purchase of 10,000 equity shares from the Open
Market.
Request you to take the above information on your record.
Thanking you,
Yours sincerely,
Aditi M. Panandikar
(For myself and on behalf of Madhura Suresh Kare)
Place: Mumbai
Encl: As above
DISCLOSURE UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES
AND TAKEOVERS) REGULATIONS, 2011
1 Name of the Target Indoco Remedies Limited
Company (TC)
2 Name of the acquirer and i. Ms. Aditi M Panandikar
Persons acting in concert
ii. Ms. Madhura Suresh Kare
(PAC) with the acquirer
3 Whether the acquirer belongs Yes
to Promoter/ Promoter group
4 Name(s) of the Stock BSE Limited and National Stock Exchange of India
Exchange(s) where the shares Limited
of the TC are listed
5 Details of the acquisition / Number % w.r.t. total % w.r.t. total diluted
disposal as follows share/voting share/voting capital of
capital TC(**)
wherever
applicable(*)
Before the
acquisition/disposal under
consideration, holding of
a) Shares carrying voting rights
i. Aditi M. Panandikar 3.16 3.16
29,17,158
ii. Madhura Suresh Kare 24,79,513 2.69 2.69
b) Shares in the nature of 0 0.00 0.00
encumbrance (pledge/ lien/
non- disposal undertaking/
others)
c) Voting rights (VR) otherwise 0 0.00 0.00
than by equity shares
d) Warrants/convertible 0 0.00 0.00
securities/any other
instrument that entitles the
acquirer to receive shares
carrying voting rights in the
TC (specify holding in each
category)
e) Total (a+b+c+d) 53,96,671 5.85 5.85
Details of acquisition/sale Number % w.r.t. total % w.r.t. total diluted
share/voting share/voting capital of
capital TC(**)
wherever
applicable
a) Shares carrying voting rights
acquired/sold
i. Aditi M. Panandikar
5,000 0.01 0.01
ii. Madhura Suresh Kare 5,000 0.01 0.01
b) VRs acquired/sold otherwise 0 0.00 0.00
than by shares
c) Warrants/convertible 0 0.00 0.00
securities/any other
instrument that entitles the
acquirer to receive shares
carrying voting rights in the
TC (specify holding in each
category) acquired/sold
d) Shares encumbered/ invoked/ 0 0.00 0.00
released by the acquirer
e) Total (a+b+c+d)
10,000 0.01 0.01
After the acquisition/sale,
holding of:
a) Shares carrying voting rights
i. Aditi M. Panandikar 3.17 3.17
29,22,158
ii. Madhura Suresh Kare 24,84,513 2.69 2.69
b) Shares encumbered with the 0 0.00 0.00
acquirer
c) VRs otherwise than by shares 0 0.00 0.00
d) Warrants/convertible 0 0.00 0.00
securities/any other
instrument that entitles the
acquirer to receive shares
carrying voting rights in the
TC (specify holding in each
category) after acquisition
e) Total (a+b+c+d) 54,06,671 5.86 5.86
6 Mode of acquisition/sale (e.g. Open Market
open market / off-market /
public issue / rights issue
/preferential allotment / inter-
se transfer etc.)
7 Date of acquisition / sale of 28th August, 2026 & 31st August, 2026
shares / VR or date of receipt
of intimation of allotment of
shares, whichever is
applicable
8 Equity share capital / total Rs. 18,46,07,210/- divided into 9,23,03,605 Equity Shares
voting capital of the TC of Rs.2/- each.
before the said
acquisition/sale
9 Equity share capital/ total Rs. 18,46,07,210/- divided into 9,23,03,605 Equity Shares
voting capital of the TC after of Rs.2/- each.
the said acquisition/sale
10 Total diluted share/voting Rs. 18,46,07,210/- divided into 9,23,03,605 Equity Shares
capital of the TC after the of Rs.2/- each.
said acquisition/sale
Aditi M. Panandikar
(For myself and on behalf of Madhura Suresh Kare)
Date: 31/08//2026
Place: Mumbai