Bhikhiben Balvantsinh Rajput Acquires Shares in Gokul Refoils & Solvent Ltd Through Open Market Transaction
Bhikhiben Balvantsinh Rajput, acting as the acquirer along with a consortium of related parties, has increased their stake in Gokul Refoils and Solvent Limited. The acquisition was completed through an open market transaction on June 11, 2026.The acquisition involved the purchase of 6,200 shares carrying voting rights in Gokul Refoils & Solvent Limited (Target Company). This addition has slightly increased the Acquirer's stake and reinforced the combined holding held by the Promoter Group.
Stakeholding Details Update
Bhikhiben Balvantsinh Rajput was already a significant shareholder prior to the transaction, holding 2,27,25,400 shares, which constituted 22.9561% of the total share capital. After acquiring 6,200 additional shares, Bhikhiben's stake increased to 2,27,31,600 shares, representing 22.9624%.The acquisition details and resulting holdings for the Acquirer (Bhikhiben Balvantsinh Rajput) and the Promoter Group (PAC) are detailed below:
| Stakeholder | Before Acquisition (Shares) | Before Acquisition (%) | After Acquisition (Shares) | After Acquisition (%) |
|---|---|---|---|---|
| Bhikhiben Balvantsinh Rajput (Acquirer) | 2,27,25,400 | 22.9561% | 2,27,31,600 | 22.9624% |
| Total PAC Holdings | 7,28,06,172 | 73.55% | 7,28,12,372 | 73.55% |
The Person Acting in Concert (PAC) members included Balvantsinh Chandansinh Rajput, Dharmendrasinh Rajput, Arjunsinh Rajput, and Profitline Securities Pvt. Ltd.
Company Capital Structure
Prior to and following the acquisition, the equity share capital of Gokul Refoils & Solvent Limited remained consistent. The company's total voting capital was reported as Rs. 19,79,90,000, which is divided into 9,89,95,000 equity shares of Rs. 2/- each.GOKUL Stock Price Movement
On Friday, shares of Gokul Refoils and Solvent Limited rallied, settling up 3.15% in the market to close at ₹40.66. The stock saw robust trading activity throughout the day, with a volume of 247,910 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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