The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Monaben Chetanbhai Desai
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Awaiting price reaction for this filing.
Monaben Chetanbhai Desai, a member of the promoter-group of Padmanabh Alloys & Polymers Ltd, acquired 1,000 equity shares via open market on 18/09/2025. Her holding increased from 1,28,600 shares (2.37%) to 1,29,600 shares (2.39%), a marginal rise of about 0.02 percentage points. The total equity share capital of the company stands at 54,13,300 shares of Rs.10 face value. No encumbrance or pledge-related changes were reported.
This is a very small open market purchase by a promoter-group member, indicating mild confidence but unlikely to move the stock price meaningfully. Shareholders should note promoter-group members are slowly adding to their stake.