sebi:WTM/KCV/CFD/07/2025-26
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Facts / Headnote
Exemption granted
Provisions invoked
- s. 11
- s. 19
Regulations
- Reg. 4
- Reg. 11
- Reg. 3
- Reg. 201
- Reg. 31
Holding
Exemption was granted to Patel and Vaghasia Family Trust from complying with regulation 3(1) and regulation 4 of the SAST Regulations, 2011 for the proposed direct acquisition of 1,06,42,960 shares (13%) of Acutaas Chemicals Limited from Mr. Nareshkumar Ramjibhai Patel.
Full text
__________________________________________________________________________________________ Exemption Order in the matter of Acutaas Chemicals Limited Page 2 of 10 Details of the proposed acquisition:
__________________________________________________________________________________________ Exemption Order in the matter of Acutaas Chemicals Limited Page 3 of 10 details of the Settlors, Trustees and Beneficiaries of the Acquirer Trust are tabulated below:
__________________________________________________________________________________________ Exemption Order in the matter of Acutaas Chemicals Limited Page 4 of 10 (f) There would be no alteration in the total equity share capital of the Target Company as a result of the proposed acquisition. The shareholding pattern of the Target Company, before and after the proposed acquisition, will be as under:
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Source: SecMarx — sebi:WTM/KCV/CFD/07/2025-26. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.