Acutaas Chemicals Limited — Others, 12-11-2024: Disclosure under SEBI Takeover Regulations

Ami Organics Limited has announced a board meeting to discuss the acquisition of an additional 3,40,500 equity shares, which constitutes 0.8318% of the total equity shares of the company. With this acquisition, the total shares owned by Chetankumar Chhaganlal Vaghasia have reached 72,57,500, equating to 17.7296% of the company. This transaction, completed through a gift from a promoter, reflects strong promoter confidence and could lead to a positive sentiment among investors, highlighting stability in shareholder composition amidst ongoing strategic realignment.