The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Banco Aluminium Pvt Ltd & PACs
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Banco Aluminium Private Limited, part of the promoter group, transferred 29,000 equity shares (0.02% of paid-up capital) to Mr. Mehul Kanubhai Patel, also a promoter group member, via an off-market inter-se transfer on 23 March 2026. The shares have a face value of Rs. 2 each. After the transfer, Banco Aluminium's stake in Banco Products fell marginally from 0.83% to 0.81%, while Mr. Mehul Patel's holding increased correspondingly. The total promoter group holding remains unchanged at 67.88% of the company's paid-up share capital, as this is merely a reshuffle within the promoter family. The disclosure has been filed under Regulation 29(2) of SEBI's SAST Regulations, 2011.
This is a routine internal reshuffling of shares within the promoter family and has no material impact on the company's ownership structure or the stock. The total promoter holding stays at 67.88%, so minority shareholders are unaffected.