Sheetal Cool Products Limited: Promoter Group Member Acquires Additional Shares Through Gift Transaction

Sheetal Cool Products Limited has received a disclosure under SEBI regulations regarding the acquisition of shares by promoter group member Yash Bhupatbhai Bhuva. The transaction involves the acquisition of 9004 equity shares through a gift arrangement, representing a strategic move within the promoter group structure.

Transaction Details

The acquisition was completed on 28/03/2026 through a gift transaction without any monetary consideration. Yash Bhupatbhai Bhuva, residing at Sheri – 17, Rokadvadi, Near Railway Fatak, Keriya Road, Amreli, Gujarat, acquired the shares as part of an internal promoter group arrangement.

Parameter Before Acquisition Acquisition After Acquisition Shares Held 145555 9004 154559 Percentage Holding 1.3862% 0.08575% 1.47199% Nature of Transaction - Gift (without consideration) -

Shareholding Structure

The company's equity structure remains unchanged with a total share capital of Rs. 10,50,00,000, comprising 1,05,00,000 fully paid equity shares of Rs. 10 each. The acquisition represents a minor increase in the promoter group's consolidated holding through internal restructuring.

Persons Acting in Concert

Yash Bhupatbhai Bhuva operates in concert with 10 other promoter group members, including:

Sanjay Dakubhai Bhuva

Bhupatbhai Dakubhai Bhuva

Dineshkumar Dakubhai Bhuva

Asmitaben Sanjaybhai Bhuva

Kajalben Dineshbhai Bhuva

Nayanaben Bhupatbhai Bhuva

Dakubhai Jivrajbhai Bhuva

Shantaben Dakubhai Bhuva

Hardik Dineshbhai Bhuva

Ektaben Hardikbhai Bhuva

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on 30/03/2026. The company's shares are listed on both BSE Limited and National Stock Exchange of India Limited. The transaction maintains transparency in promoter group shareholding changes and ensures compliance with regulatory requirements for substantial acquisition disclosures.

Sheetal Cool Products Limited has announced the launch of a new Ice Cream Café in Ahmedabad, Gujarat, as part of its ongoing retail expansion strategy. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Café Launch Details

The new outlet represents a significant step in the company's efforts to strengthen its brand presence and enhance customer reach in key markets. The café is designed to offer customers an enhanced in-store experience while showcasing the company's range of premium ice cream products.

Parameter: Details Location: Sheetal Ice Cream Café, Magnifico Complex, Opp. Avalon Hotel, Nr. Motilal Oswal Tower, Sindhu Bhavan, Ahmedabad, Gujarat 380059 Commencement Date: March 26, 2026, 6:30 P.M. Onwards Business Nature: Retail sale of ice cream and allied products through café format

Business Expansion Strategy

The establishment of this new café aligns with Sheetal Cool Products Limited's strategic focus on expanding its retail footprint across India. The company aims to leverage this expansion to:

Strengthen brand presence in key regional markets

Enhance direct customer engagement through café format

Offer premium ice cream products and related offerings

Provide customers with improved in-store experiences

Café Features and Design

The new Ahmedabad outlet features a vibrant magenta pink exterior with prominent white 3D lettering displaying the "Sheetal" brand name. The storefront includes glass doors and windows, creating an inviting entrance for customers. The interior is designed with modern amenities including:

Glass display cases for product showcase

Digital menu boards for easy ordering

Comfortable seating arrangements with round tables and wooden chairs

Modern lighting systems including recessed and track lighting

Air conditioning for customer comfort

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing both BSE Limited and National Stock Exchange of India Limited about this business development. The announcement was made as a general business update in the ordinary course of the company's operations, demonstrating transparency in corporate communications.

This expansion initiative reflects Sheetal Cool Products Limited's commitment to growing its retail presence while maintaining focus on delivering quality ice cream products to customers across different market segments.

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. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.