Maya Satish Thakur, Rishikesh Satish Thakur, Sonia Satish Thakur (Individuals) have agreed to acquire additional 24.62% stake in Link Pharma Chem Limited (BSE:524748) from the promoters, Neha Balvant Retarekar, Himanshu Balvant Retarekar, Mayank Blavnt Retarekar and Blavant Vinayakrao Retarekar (Promoters) for INR 17.9 million on March 20, 2020. The shares are being acquired by the individuals at a price per share of INR 16.45 and the total number of shares being acquired are 1.093 million. Maya Satish Thakur will acquire 6.61%, Rishikesh Satish Thakur will acquire 13.51% and Sonia Satish Thakur will acquire 4.5% stake totaling 24.62%.

Neha Balvant Retarekar will sell 465,089 shares, Himanshu Balvant Retarekar will sell 15,135 shares, Mayank Blavnt Retarekar will sell 14,935 shares and Blavant Vinayakrao Retarekar will sell 598,158 shares. The selling promoters will exit from the company and will not be involved in the business any further.