The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Paresh J Khandwala
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Paresh J. Khandwala, part of the promoter group of Khandwala Securities Ltd, purchased 72 equity shares through the open market on 28th March 2025. After this acquisition, his total holding stands at 2,57,008 shares, representing 1.68% of the company's equity share capital. The company's total equity share capital remains 1,52,53,805 shares of Rs. 10 each, aggregating to Rs. 15.25 crore. The filing was made under Regulation 29(2) of SEBI's Takeover Regulations and disclosed to both BSE and NSE.
This is a very minor acquisition (just 72 shares) with no meaningful change in the promoter's stake percentage, which stays at 1.68%. No material impact on shareholders or stock price is expected.