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Exemption Order under Regulation 11 of SEBI (SAST) Regulations, 2011 in the matter of Acutaas Chemicals Limited - Patel and Vaghasia Family Trust

SEBI closed 2025
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?

SEBI granted an exemption to Patel and Vaghasia Family Trust from certain takeover regulations for acquiring shares in Acutaas Chemicals Limited, which is a listed company.

Who it concerns

Patel and Vaghasia Family Trust

What was found or directed

  • Exemption from SAST Regulations 2011
  • Acquisition of 13% shares by Patel and Vaghasia Family Trust
  • No change in public shareholding
  • Trust must comply with Master Circular conditions
  • Annual compliance certification by independent auditor
Source bodySecurities & Exchange Board of India (SEBI) — enforcement orders
Reference numberWTM/KCV/CFD/07/2025-26
Statusclosed (section: order)
Year2025
Closing date
Documents1

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Documents

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Order 2025-10-01 exemption_order_acutaas_chemicals1.pdf
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