Promoter Acquires Shares in Gem Aromatics Limited through Open Market Purchase
Gem Aromatics Limited, a manufacturer and exporter of essential oils and aromatics chemicals, has seen its shareholding increase following an acquisition by a promoter.The company confirmed that Mr. Yash Parekh acquired additional shares in the firm via the open market on June 04, 2026. Mr. Parekh, who is part of the promoter group, increased his stake in Gem Aromatics Limited through this transaction.
Prior to the acquisition, the combined holding of the acquirer and Persons Acting in Concert (PAC) stood at 49,03,157 shares, representing 9.38% of the total share/voting capital. The acquisition involved purchasing 85,000 shares carrying voting rights, which accounts for 0.16% of the total diluted share/voting capital.
After the purchase, the holding of Mr. Parekh and PACs rose to 49,88,157 shares, corresponding to a 9.54% stake in Gem Aromatics Limited. The mode of acquisition for these shares was the open market.
The transaction details regarding the shareholding change are summarized below:
| Metric | Before Acquisition | Shares Acquired | After Acquisition |
|---|---|---|---|
| Total Holding (Shares) | 49,03,157 | 85,000 | 49,88,157 |
| Percentage of Voting Capital | 9.38% | 0.16% | 9.54% |
The equity share capital and total voting capital of the company before and after the said acquisition were reported as Rs. 10,44,74,276, divided into 5,22,37,138 Equity shares of Rs. 2/-. The total diluted share/voting capital post-acquisition remained at Rs. 10,44,74,276, divided into 5,22,37,138 Equity shares of Rs. 2/-.
GEMAROMA Stock Price Movement
Gem Aromatics Limited shares today edged higher in post-market trading, closing at ₹148.13 after gaining 1.56%. The stock traded during the session on a volume of 122,413 shares.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.