The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Puneet Pradeep Badkur
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Puneet Pradeep Badkur, a member of the promoter group of Chemtech Industrial Valves Ltd, acquired 25,000 equity shares through the open market on 18 November 2025. The purchase raised his holding from 15,24,834 shares (8.50%) to 15,49,834 shares (8.64%) of the company. The transaction was carried out on BSE, and the total equity capital remains 1,79,37,333 shares of Rs. 10 each. He also continues to hold 2,50,000 warrants in the company.
This is a small promoter stake increase via open market, signalling continued promoter confidence in the company. However, the 0.14% incremental purchase is too small to materially move the stock or change control dynamics.