The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amitaben Vijaybhai Vashi Jt. Vijaybhai Vashi
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Padmanabh Alloys & Polymers Ltd informed the BSE about a disclosure under SEBI Takeover Regulations by Amitaben Vijaybhai Vashi (acting jointly with Vijaybhai Dolatrai Vashi), a member of the promoter group. She acquired 15,500 equity shares (0.28% of the total share capital) through an off-market transaction on September 2, 2025. Her holding in the company increased from 2,500 shares (0.04%) to 18,000 shares (0.33%). The company has a total equity share capital of 54,13,300 shares of face value Rs. 10 each.
This is a small open-market-style acquisition by a promoter group member, signalling continued promoter confidence in the company. However, the change in stake is minimal (below 1%), so it is unlikely to materially affect the stock price.