Manubhai Amrutlal Shah Sells Shares of Bacil Pharma Limited in Open Market
Manubhai Amrutlal Shah has conducted a shares disposal transaction concerning Bacil Pharma Limited, reducing their stake in the company. The sale, which took place on June 10, 2026, saw the individual divesting a portion of their existing holdings.The acquisition/disposal was carried out through the open market by Manubhai Amrutlal Shah. Prior to the transaction, the acquirer held 26,31,709 shares in Bacil Pharma Limited, representing 18.34% of the total share or voting capital of the target company.
Through the sale, Mr. Manubhai Amrutlal Shah disposed of 8,00,000 shares, which corresponded to 5.57% of the diluted share or voting capital of Bacil Pharma Limited.
The transaction details regarding the change in stake are summarized below:
| Metric | Before Disposal (Shares) | After Disposal (Shares) |
|---|---|---|
| Shares Held by Acquirer (Manubhai Amrutlal Shah) | 26,31,709 | 18,31,709 |
| Percentage of Total Voting Capital (Before Sale) | 18.34% | N/A |
| Percentage of Total Voting Capital (After Sale) | N/A | 12.77% |
The equity share capital and total voting capital of Bacil Pharma Limited remained at 1,43,53,000 equity shares of Rs. 10/- both before and after the said acquisition/sale.
Stock Price Movement
Bacil Pharma Ltd. saw its shares settle at ₹43.67 at the close of trade on Friday, declining 10.00%. The stock traded through a wide intraday range, moving from a high of ₹52.00 down to the closing price of ₹43.67.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.