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  3. Gokul Refoils & Solvent: Promoter Group Member Increases Stake Through Open Market Purchase
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India IPO
  • 07 Mar 2026
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 Gokul Refoils & Solvent: Promoter Group Member Increases Stake Through Open Market Purchase

Arjunsinh Rajput, a promoter group member of Gokul Refoils & Solvent Limited, acquired 22,059 equity shares through open market purchase on March 05, 2026. This acquisition increased his individual holding from 1.37% to 1.40% of the company's total share capital. The promoter group collectively holds 73.20% of the company after this transaction. The disclosure was made under SEBI (SAST) Regulations, 2011, with the company's shares listed on BSE and NSE.

Gokul Refoils & Solvent: Promoter Group Member Increases Stake Through Open Market Purchase

Gokul refoils & solvent Limited has disclosed a share acquisition by promoter group member Arjunsinh Rajput under SEBI regulations. The transaction, completed through open market purchase on March 05, 2026, demonstrates continued confidence from the promoter group in the company's prospects. Share Acquisition Details Arjunsinh Rajput acquired 22,059 equity shares of Gokul Refoils & Solvent Limited through open market purchase on March 05, 2026. The acquisition represents 0.022% of the company's total share capital and was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Parameter: Details Acquirer: Arjunsinh Rajput Shares Acquired: 22,059 Acquisition Mode: Open Market Transaction Date: March 05, 2026 Percentage Acquired: 0.022% Shareholding Position The acquisition has resulted in an increase in Rajput's individual shareholding in the company. His total holding has moved from 13,59,886 shares to 13,81,945 shares, representing an increase from 1.37% to 1.40% of the total share capital. Holding Period: Number of Shares Percentage Before Acquisition: 13,59,886 1.37% Shares Acquired: 22,059 0.022% After Acquisition: 13,81,945 1.40% Promoter Group Holdings The promoter group includes several members acting in concert with Arjunsinh Rajput. The collective promoter group holding has increased marginally following this transaction. Promoter Group Member: Shareholding Percentage Mr. Balvantsinh Chandansinh Rajput: 2,43,79,262 24.63% Mrs. Bhikhiben Balvantsinh Rajput: 2,27,17,500 22.95% M/s Profitline Securities Pvt. Ltd.: 1,57,61,500 15.92% Mr. Dharmendrasinh Balvantsinh Rajput: 82,15,579 8.30% Mr. Arjunsinh Rajput: 13,81,945 1.40% Total Promoter Group: 7,24,55,786 73.20% Company Capital Structure Gokul Refoils & Solvent Limited's equity share capital remains unchanged at Rs. 19,79,90,000, divided into 9,89,95,000 equity shares of Rs. 2 each. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited. The disclosure was filed with both exchanges as per regulatory requirements, with BSE company code 532980 and NSE symbol GOKUL. Gokul Refoils & Solvent Limited has received another disclosure under SEBI regulations regarding the acquisition of equity shares by promoter Arjunsinh Rajput. The latest transaction, completed on March 04, 2026, involved the purchase of 30,000 equity shares through open market operations, marking another strategic acquisition by the promoter. Latest Transaction Details The recent acquisition represents a continued increase in Arjunsinh Rajput's shareholding in the company. The following table summarizes the key transaction parameters: Parameter: Details Acquisition Date: March 04, 2026 Number of Shares Acquired: 30,000 Mode of Acquisition: Open Market Percentage Acquired: 0.030% Updated Shareholding Pattern Following the March 04 acquisition, Arjunsinh Rajput's shareholding position has been enhanced: Holding Period: Number of Shares Percentage of Total Capital Before Latest Acquisition: 13,29,886 1.34% Shares Acquired: 30,000 0.030% After Latest Acquisition: 13,59,886 1.37% Promoter Group Holdings The updated promoter group shareholding, including persons acting in concert (PAC) with the acquirer, now stands as follows: Shareholder Name: Shareholding Percentage Mr. Balvantsinh Chandansinh Rajput: 2,43,79,262 24.63% Mrs. Bhikhiben Balvantsinh Rajput: 2,27,17,500 22.95% M/s Profitline Securities Pvt. Ltd.: 1,57,61,500 15.92% Mr. Dharmendrasinh Balvantsinh Rajput: 82,15,579 8.30% Mr. Arjunsinh Rajput (Acquirer): 13,59,886 1.37% Total Promoter Group: 7,24,33,727 73.17% Company Capital Structure Gokul Refoils & Solvent Limited's equity share capital remains unchanged following this transaction. The company's capital structure consists of Rs.19,79,90,000 divided into 9,89,95,000 equity shares of Rs. 2 each. The shares are listed on both BSE Limited and National Stock Exchange of India Limited. Regulatory Compliance The disclosure was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirer confirmed that he belongs to the promoter group of the target company. No encumbrances, voting rights other than shares, or convertible securities were involved in this transaction. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. 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