The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hemal Desai
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hemal Rajeshbhai Desai, part of the promoter group of Padmanabh Alloys & Polymers Ltd, acquired 277 equity shares through the open market on 10 March 2026. This is a very small purchase representing just 0.005% of the company's total share capital. His holding rose marginally from 70,783 shares (1.307%) to 71,060 shares (1.312%) of the company. The total equity share capital of the company stands at 54,13,300 shares of Rs. 10 face value. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which mandates reporting of acquisitions even in small amounts by promoter-group entities.
This is a token purchase with negligible impact on promoter shareholding or stock price. It signals continued promoter confidence at a very small level but does not materially change the ownership structure.