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  3. Ganesh Benzoplast Limited: Substantial Share Disposal by Anil Kumar Dedhia Under SEBI Regulation 29(2)
ipo services in India
India IPO
  • 30 Apr 2026
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 Ganesh Benzoplast Limited: Substantial Share Disposal by Anil Kumar Dedhia Under SEBI Regulation 29(2)

Anil Kumar Dedhia disclosed the sale of 1,50,000 shares (0.21%) in Ganesh Benzoplast Limited on April 29, 2026, through open market transactions, reducing his holding from 4.84% to 4.63%. The company's equity capital remains unchanged at Rs. 7,19,89,421 with 71,989,421 shares of Re 1 each.

Ganesh Benzoplast Limited: Substantial Share Disposal by Anil Kumar Dedhia Under SEBI Regulation 29(2)

Anil Kumar Dedhia has disclosed the disposal of shares in ganesh benzoplast under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure, dated April 29, 2026, was submitted to both BSE Limited and National Stock Exchange of India Limited, confirming the sale of shares through open market transactions.

Transaction Details

The disclosure provides comprehensive details about the share disposal. Anil Kumar Dedhia, who is not part of the promoter or promoter group, sold 1,50,000 shares carrying voting rights. This transaction represented 0.21% of the company's total share capital and voting capital. The mode of acquisition/sale was specified as open market operations.

Shareholding Pattern Changes

The disclosure document outlines the changes in shareholding before and after the transaction:

Shareholder Shares Before % Before Shares Sold Shares After % After Anil Kumar Dedhia 3,486,000 4.84 1,50,000 3,336,000 4.63 Sandhya Anil Dedhia 525,000 0.73 0 525,000 0.73 Anil V Dedhia (HUF) 95,000 0.14 0 95,000 0.14 Vasanji Shamji Dedhia (HUF) 45,000 0.06 0 45,000 0.06 Total 41,51,000 5.76 40,01,000 5.56

Company Capital Structure

Ganesh Benzoplast Limited's equity share capital and total voting capital remained unchanged at Rs. 7,19,89,421, comprising 71,989,421 equity shares of Re 1 each. The total diluted share/voting capital also remained at Rs. 7,19,89,421 following the transaction. The company's shares are listed on both BSE and NSE exchanges.

Additional Disclosures

The disclosure confirms that there were no shares in the nature of encumbrance, no voting rights otherwise than by shares, and no warrants or convertible securities held by the acquirer either before or after the transaction. The total shareholding of the seller and Persons Acting in Concert (PAC) decreased from 41,51,000 shares (5.76%) to 40,01,000 shares (5.56%) following the disposal.

The disclosure was formally submitted with the handwritten signature of Anil Kumar Dedhia, dated April 29, 2026, from Mumbai, and was copied to the Compliance Officer of Ganesh Benzoplast Limited for record purposes and necessary action as per regulatory requirements.

Key Transaction Summary

Parameter Details Target Company Ganesh Benzoplast Limited Seller Anil Kumar Dedhia Promoter Status No Shares Sold 1,50,000 Percentage Sold 0.21% Mode of Sale Open Market Date of Transaction 29-04-2026 Equity Share Capital Rs. 7,19,89,421 (71,989,421 shares of Re 1 each) Stock Exchanges BSE and NSE

Ganesh Benzoplast Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulation, 2018. The submission covers the quarter ended March 31, 2026, and confirms the company's adherence to securities handling procedures.

Regulatory Compliance Details

The certificate was submitted on April 10, 2026, to both BSE Limited and National Stock Exchange of India Limited. Company Secretary and Compliance Officer Ekta Dhanda signed the submission letter, ensuring proper documentation of the regulatory filing.

Parameter: Details Regulation: SEBI Regulation 74(5) Quarter Covered: March 31, 2026 Submission Date: April 10, 2026 Registrar: M/s Bigshare Services Pvt. Ltd.

Certificate Confirmation

Bigshare Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 10, 2026. The certificate validates that securities received from depository participants for dematerialization up to March 31, 2026, were properly processed and confirmed to the depositories.

Dematerialization Process Compliance

The registrar confirmed several key compliance aspects:

Securities received for dematerialization were accepted or rejected as per regulations

All securities comprised in certificates have been listed on appropriate stock exchanges

Security certificates received for dematerialization were mutilated and cancelled after verification

Depository names were substituted in the register of members within the mandated 15-day period

Corporate Information

Ganesh Benzoplast Limited operates with CIN L24200MH1986PLC039836 and maintains its registered office at Dina Building, 1st Floor, 53, Maharshi Karve Road, Marine Lines, Mumbai. The company's operational office is located at C-501 & C-502, Lotus Corporate Park, Goregaon (East), Mumbai.

This regulatory submission reinforces the company's commitment to maintaining transparency and compliance with SEBI regulations governing securities market operations.

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