Gaurang R Shah HUF, a promoter group entity, sold 2,00,000 shares of Kotyark Industries Limited for ₹6.53 Cr at ₹326.31 apiece, decreasing its stake from 6.41% to 4.47% and crossing the 5% disclosure threshold.
A bio-diesel manufacturer incorporated in 2016, Kotyark Industries operates in the renewable fuels and energy sector. The company specializes in producing bio-diesel from various feedstocks, contributing to India's sustainable energy transition. Its focus on bio-fuel manufacturing and processing distinguishes it within the refineries and marketing industry, serving both domestic and industrial customers seeking environmentally responsible fuel alternatives.
