The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Dipak Padmakant Pandya & PACs
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Mahendrabhai Ramabhai Patel, part of the promoter group of H.M. Electro Mech Ltd, bought 4,800 equity shares (0.035% of paid-up capital) via the open market on July 30, 2025. His personal holding rose from 18.70% (25,62,400 shares) to 18.73% (25,67,200 shares). The disclosure was filed along with seven Persons Acting in Concert (PACs) led by Dipak Padmakant Pandya, and it concerns creeping acquisition disclosure requirements. Total promoter group holding stands at 73.06% (1,00,09,600 shares) after this small purchase.
This is a routine, very small promoter purchase (just 0.035%) that signals continued insider confidence but is too minor to materially affect shareholding or stock price. The promoter group already controls over 73% of the company, leaving little room for additional creeping acquisitions toward higher thresholds.