The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hiren Vasantrai Patel
ATULAUTO · price
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Atul Auto promoter Hiren Vasantrai Patel has filed a Regulation 29(2) disclosure regarding a share transfer within the promoter group via gift. A total of 3,14,164 shares (1.13%) moved between promoter family members between March 25 and March 27, 2026 — for example, Vivek Ashokkumar Patel received 1,64,124 shares and Mahendrakumar Jamnadas Patel HUF received 1,50,000 shares, while Krunal J. Chandra gave away 1,91,304 shares. The overall promoter group holding remains unchanged at 1,18,48,570 shares, representing 42.70% of the company's equity capital, both before and after the transfer. The equity share capital of the company stays at Rs. 13,87,56,400 divided into 2,77,51,280 shares of Rs. 5 each.
This is a routine internal reshuffle among promoter family members via gift and has no impact on the total promoter ownership or voting control of Atul Auto. Shareholders should see no material change in promoter control — the move simply reorganises who within the family holds the shares.