GMMPFAUDLRBSEGMM Pfaudler LtdLowNeutral
Announced Tue, 2 Sept · 15:58 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pragna Patel & PACs

Promoter Below 50pctOwnership Changes View source PDF

GMMPFAUDLR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Millars Machinery Company Pvt. Ltd., part of the promoter group of GMM Pfaudler, acquired 25,000 equity shares (0.06% of paid-up capital) from Mrs. Pragna Patel, another promoter group member, on August 28, 2025. The transaction was an off-market inter se transfer within the promoter group. After the transfer, Pragna Patel holds 0.05% (23,480 shares) and Millars Machinery holds 9.71% (43,61,357 shares). The total promoter and promoter group shareholding remains unchanged at 25.18% of the company. This is essentially a reshuffling of shares among family/promoter entities with no impact on overall promoter control.

Likely market impact

No material impact on shareholders — this is an internal housekeeping move within the promoter family with no change in total promoter ownership, voting power, or market float.