Exemption Order under Regulation 11 of SEBI (SAST) Regulations, 2011 in the matter of Acutaas Chemicals Limited - Vaghasia Family Trust
Plain-language summary (AI-generated) — a quick read so you don't have to open the full PDF. May contain errors; the original document below is authoritative.
What is this order about?
This order concerns an exemption request under SEBI's SAST Regulations for the Vaghasia Family Trust's proposed acquisition of shares in Acutaas Chemicals Limited, examining whether the acquisition qualifies for exemption as an internal family reorganization.
Who it concerns
Vaghasia Family Trust
What was found or directed
- Exemption sought from SAST Regulations 2011 provisions
- Proposed acquisition of 1,07,58,079 shares (13.14%) from promoter Chetankumar Vaghasia
- Acquirer Trust to be mirror image of promoter holdings
- No change in public shareholding
- Trust to comply with Master Circular conditions including annual auditor certification
- Trust to disclose changes in trustees/beneficiaries within 2 days
| Source body | Securities & Exchange Board of India (SEBI) — enforcement orders |
| Reference number | WTM/KCV/CFD/08/2025-26 |
| Status | closed (section: order) |
| Year | 2025 |
| Closing date | — |
| Documents | 1 |
Highlights & Points worth asking
Auto-generated, neutral observations. Auto-generated from public documents. May contain errors. Not legal or financial advice. Always verify against the linked original document. KaunZimmedar is a platform, not an authority.
No automated observations for this document. Read the documents below directly.
Documents
The original government PDF is the authoritative source — shown below, or open it full-screen in a new tab.
Order
2025-10-01
exemption_order_acutaas_chemicals2.pdf
Tap “Open the PDF” above to view this document.
Discussion (0)
Citizens discussing these documents. A discussion space — nothing here is verified fact or an official finding. Reading is free; sign in to take part.
Open discussion (0) →