Hemal Rajeshbhai Desai, a promoter of Padmanabh Alloys & Polymers Limited, acquired 190 equity shares through open market purchase on 27/02/2026. This transaction increased his shareholding from 70,200 shares (1.296%) to 70,390 shares (1.30%). The disclosure was made in compliance with SEBI regulations, and the company's total equity share capital remains at 54,13,300 shares with a face value of Rs. 10 each.
Hemal Rajeshbhai Desai, a promoter of Padmanabh Alloys & Polymers Limited , has disclosed the acquisition of 190 equity shares of the company through open market purchase. The disclosure was made on 27/02/2026 in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Transaction Details
The acquisition represents a minor increase in Desai's shareholding in the company. The shares were purchased through open market transactions on 27/02/2026.
Transaction Parameter: Details Shares Acquired: 190 equity shares Acquisition Mode: Open Market Transaction Date: 27/02/2026 Acquirer Status: Promoter
Shareholding Pattern Changes
The acquisition resulted in a marginal change in Desai's overall shareholding percentage in Padmanabh Alloys & Polymers Limited.
Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 70,200 70,390 +190 Percentage Holding: 1.296% 1.30% +0.004% Voting Rights: 1.296% 1.30% +0.004%
Company Share Capital
The company's total equity share capital structure remained unchanged following this transaction. Padmanabh Alloys & Polymers Limited maintains its total issued and paid-up equity share capital at 54,13,300 equity shares, each with a face value of Rs. 10.
Regulatory Compliance
The disclosure was submitted to BSE Limited and the company in accordance with SEBI regulations governing substantial acquisition of shares and takeovers. Desai confirmed that he belongs to the promoter group of the company and has no encumbrances on his shareholding.
The acquisition represents a routine promoter transaction with minimal impact on the overall shareholding structure of the company. No convertible securities, warrants, or other instruments were involved in this transaction.
Padmanabh Alloys & Polymers Limited promoter Hemal Rajeshbhai Desai has disclosed another acquisition of equity shares in the company, this time purchasing 249 shares through open market transaction on February 26, 2026. This latest acquisition follows his previous purchase of 7205 shares on February 19, 2026, demonstrating continued confidence in the company's prospects.
Latest Transaction Details
The recent share acquisition was executed through open market purchase and disclosed to BSE Limited and the company in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents Desai's ongoing strategy to increase his stake in the company.
Parameter Details Shares Acquired 249 equity shares Transaction Date February 26, 2026 Mode of Acquisition Open Market Acquirer Status Promoter Disclosure Date February 26, 2026
Progressive Shareholding Changes
Desai's shareholding pattern shows a steady increase through multiple acquisitions. His total shareholding has now increased from 69951 shares to 70200 shares, representing a marginal but consistent growth in his ownership percentage.
Shareholding Details Before Latest Acquisition After Latest Acquisition Change Number of Shares 69951 70200 +249 Percentage Holding 1.29% 1.30% +0.004% Voting Rights 1.29% 1.30% +0.004%
Cumulative Acquisition Impact
Considering both recent transactions, Desai's total shareholding has increased significantly from his initial position of 62746 shares to the current 70200 shares. This represents a total acquisition of 7454 shares across the two disclosed transactions.
Overall Changes Initial Position Current Position Total Change Total Shares 62746 70200 +7454 Percentage Holding 1.15% 1.30% +0.15% Value of Acquisitions 7205 + 249 shares Combined transactions Strategic accumulation
Company Structure and Compliance
Padmanabh Alloys & Polymers Limited maintains its equity structure with 54,13,300 equity shares of face value Rs. 10 each. The company remains listed on BSE Limited, and all transactions comply with regulatory disclosure requirements.
Company Information Details Total Equity Shares 54,13,300 Face Value per Share Rs. 10 Listing Exchange BSE Limited Company Address N.H.8, Palsana, Dt. Surat 394315
The acquirer has confirmed no holdings in encumbered shares, warrants, convertible securities, or any other instruments that would entitle him to additional voting rights. All disclosed figures are calculated with respect to the total diluted voting capital of the company as per SEBI regulations.
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