Sacheta Metals Promoter Pranav Shah Increases Stake to 8.99% Through Open Market Purchase

Sacheta metals has witnessed another increase in promoter shareholding following an open market acquisition by Pranav Satishkumar Shah, a member of the company's promoter group. The latest transaction, completed on March 23, 2026, demonstrates continued promoter confidence in the metals company.

Latest Transaction Details

The recent acquisition involved 10,000 equity shares purchased through open market transactions. This represents a 0.01% increase in Shah's shareholding percentage, bringing his total stake to 8.99% from the previous 8.98%.

Parameter Before Acquisition Transaction After Acquisition Number of Shares 1,12,33,409 +10,000 1,12,43,409 Shareholding Percentage 8.98% +0.01% 8.99% Voting Rights Percentage 8.98% +0.01% 8.99%

Company Capital Structure

Sacheta Metals Ltd maintains a stable capital structure with no changes resulting from this transaction. The company's equity share capital remains at Rs. 25,00,00,000, divided into 12,50,00,000 equity shares of Rs. 2 each.

Capital Details Specifications Total Equity 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)

Regulatory Compliance

The transaction was disclosed in accordance with SEBI regulations governing substantial acquisitions. Shah filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with BSE Limited on March 23, 2026.

Key compliance aspects include:

Timely filing with the stock exchange on March 23, 2026

Detailed shareholding pattern disclosure

Confirmation of promoter group status

Open market transaction mode specification

Complete documentation submitted to BSE Limited

Shareholding Analysis

The acquisition represents a strategic addition to Shah's existing substantial holding in Sacheta Metals. His position as a promoter group member with an 8.99% stake indicates significant influence in the company's strategic direction. The transaction involved no convertible securities, warrants, or other instruments beyond direct equity shares.

The open market purchase method suggests the acquisition was conducted through regular trading mechanisms on BSE, providing transparency and market-determined pricing for the transaction. This marks Shah's continued investment in the company, demonstrating ongoing confidence in Sacheta Metals' prospects.

Sacheta metals has witnessed sustained promoter group activity with multiple share acquisitions reported in recent regulatory filings. The company has disclosed several transactions by different promoter group members under SEBI regulations for substantial acquisition of shares and takeovers, indicating continued confidence from the promoter group.

Latest Share Acquisition by Pranav Shah

Promoter group member Pranav Satishkumar Shah acquired 5,394 equity shares of Sacheta Metals Ltd through open market purchase on March 18, 2026. The acquisition maintained his percentage holding at 8.95% of the company's total share capital.

Parameter: Before Acquisition After Acquisition Change Number of Shares: 1,11,81,515 1,11,86,909 +5,394 Percentage Holding: 8.95% 8.95% 0.00% Mode of Acquisition: - Open Market - Date of Acquisition: - March 18, 2026 -

Previous Promoter Acquisitions

This represents part of continued promoter group activity in Sacheta Metals. Earlier, Pranav Satishkumar Shah acquired 20,000 equity shares on March 17, 2026, increasing his holding from 8.93% to 8.95%. Additionally, Ankit Satishkumar Shah acquired 25,019 equity shares on March 16, 2026, increasing his holding from 10.07% to 10.09%. Prior to that, he had purchased 35,000 equity shares on March 13, 2026. Satishkumar Shah Keshavlal also acquired 67,700 equity shares, raising his holding from 21.11% to 21.17%.

Promoter Group Information

Pranav Satishkumar Shah, identified as a promoter group member, has his address listed as B1, Ami Darshan CO-OP. Housing Soc. LTD., Dayabhai Patel Road, B/H. Municipal Hospital, Govindnagar, Malad (East), Maharashtra 400097. The latest disclosure was made through formal communication to BSE Limited on March 18, 2026.

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.

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