Yash Bhupatbhai Bhuva and Associates Acquire Shares in Sheetal Cool Products Ltd via Gift
Yash Bhupatbhai Bhuva, representing a promoter group, has acquired shares in Sheetal Cool Products Ltd. (SCPL). The transaction involves the acquisition of equity shares by the acquirer and ten associated persons acting in concert, with the shares being received as a gift.The acquisition was completed on June 2, 2026. Yash Bhupatbhai Bhuva is the primary acquirer, and the group consists of members belonging to the promoter group. The company’s stock is listed on the BSE and NSE.
Transaction Summary
The acquisition details detail the change in ownership structure resulting from the gift of shares. Before this transaction, Yash Bhupatbhai Bhuva had a holding of 154,559 shares, representing 1.4719 percent of the total voting capital. Through the gifted acquisition, an additional 316,500 equity shares were acquired, amounting to 3.0143 percent of the diluted share/voting capital.The combined holding after the transaction stands at 471,059 shares, which represents 4.4863 percent of the total voting capital. The acquisition mode was noted as a Gift (without any consideration).
Shareholding and Capital Details
The following table provides a detailed breakdown of the acquirer’s shareholding before and after the acquisition:| Metric | Before Acquisition Holding | Acquisition Details | After Acquisition Holding |
|---|---|---|---|
| Shares Carrying Voting Rights | 154,559 (1.4719%) | 316,500 (3.0143%) acquired as a Gift | 471,059 (4.4863%) |
The total equity share capital and voting capital of Sheetal Cool Products Ltd before the acquisition was Rs. 10,50,00,000, corresponding to 1,05,00,000 fully paid Equity Shares of Rs 10/- Each. Following the transaction, the company's equity share capital and total voting capital remained at Rs. 10,50,00,000 (1,05,00,000 Fully Paid Equity Shares of Rs 10/- Each).
SCPL Stock Price Movement
Shares of Sheetal Cool Products Limited are edging higher to ₹459 as of 1:25 PM, gaining 1.43% in live trading. The stock saw 1,228 shares change hands, moving up by ₹6.45 today.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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