Sacheta Metals Promoter Group Member Ankit Shah Acquires 35,000 Additional Shares

Sacheta metals has disclosed another share acquisition by its promoter group under SEBI regulations for substantial acquisition of shares and takeovers. The regulatory filing reveals an increase in promoter group shareholding through open market purchase. Recent Share Acquisition Details Promoter group member Ankit Satishkumar Shah acquired 35,000 equity shares of Sacheta Metals Ltd through open market purchase on March 13, 2026. The acquisition increased his percentage holding from 10.04% to 10.07% of the company's total share capital. Parameter: Before Acquisition After Acquisition Change Number of Shares: 1,25,54,265 1,35,89,265 +35,000 Percentage Holding: 10.04% 10.07% +0.03% Mode of Acquisition: - Open Market - Date of Acquisition: - March 13, 2026 - Promoter Group Information Ankit Satishkumar Shah, identified as a promoter group member of Sacheta Metals Ltd, conducted the share acquisition. His address is listed as B-1, Ami Darshan, B/H B.M.C. Hospital, Gokul Bagar, D.P Road, Malad (East), Maharashtra 400097. The disclosure was made through a formal communication to BSE Limited on March 13, 2026. Previous Promoter Activity This follows an earlier acquisition by another promoter, Satishkumar Shah Keshavlal, who had acquired 67,700 equity shares, increasing his holding from 21.11% to 21.17%. The recent activity indicates continued confidence from the promoter group in the company's prospects. Company Share Capital Structure The company's equity share capital structure remained unchanged following the acquisition: Details: Information Total Share Capital: Rs. 25,00,00,000 Number of Shares: 12,50,00,000 Face Value per Share: Rs. 2 Stock Exchange: BSE (Bombay Stock Exchange) Regulatory Compliance The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The promoter group member confirmed that no voting rights were acquired otherwise than by shares, and no warrants or convertible securities were involved in the transaction. Sacheta metals has announced that its promoter Satishkumar Shah Keshavlal has acquired additional equity shares of the company through open market purchase. The latest transaction was completed on March 10, 2026, and disclosed under the regulatory framework governing substantial acquisitions of shares. Latest Share Acquisition Details The promoter acquired 37,653 equity shares representing 0.03% of the company's total share capital through open market transactions. This acquisition increased his total shareholding from 26,329,716 shares to 26,367,369 shares, raising his percentage holding from 21.06% to 21.09%. Parameter: Before Acquisition Acquisition After Acquisition Number of Shares: 26,329,716 37,653 26,367,369 Percentage Holding: 21.06% 0.03% 21.09% Voting Rights: 21.06% 0.03% 21.09% Regulatory Compliance and Documentation The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Satishkumar Shah Keshavlal, identified as a promoter of the company, submitted the required documentation to BSE Limited on March 10, 2026. The promoter's address is listed as B1, Ami Darshan CO-OP. Housing Soc. LTD., Dayabhai Patel Road, B/H. Municipal Hospital, Govindnagar, Malad (East), Maharashtra 400097. Company Share Capital Structure Sacheta Metals Ltd's equity share capital structure remains unchanged following this transaction: Details: Specifications Total Share Capital: Rs. 25,00,00,000 Number of Shares: 12,50,00,000 Face Value per Share: Rs. 2 Listing Exchange: BSE (Bombay Stock Exchange) Transaction Summary The open market acquisition represents a minor increase in the promoter's shareholding, raising his stake from 21.06% to 21.09% in the company. The promoter did not acquire any voting rights otherwise than by shares, warrants, convertible securities, or other instruments during this transaction. The company's total diluted share capital remains at Rs. 25,00,00,000 divided into 12,50,00,000 equity shares of Rs. 2 each. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. 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