The Exchange has received the disclosure under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ketan Patel
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Ketan Ratilal Patel and his person acting in concert (PAC) Krishna Ketan Patel have filed a disclosure under SEBI's Takeover Regulations. Prior to the acquisition, Ketan Patel held 26,14,335 shares (5.70%) and Krishna Patel held 900 shares (0.00%), totaling 26,15,235 shares (5.70%) of the company's equity. On 16/04/2026, Krishna Ketan Patel acquired 60 shares via open market, bringing the combined holding after acquisition to 26,15,295 shares (5.70%). The total equity share capital of the company is 4,58,66,979 shares, and the holding percentage remained unchanged at 5.70%. No encumbrances (pledges) are disclosed. The acquirer is not part of the promoter/promoter group.
This is a minor open market acquisition of just 60 shares by a non-promoter acquirer holding 5.70%. It carries no immediate impact on the stock price or shareholder structure, as the stake percentage remained flat.