The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hemal Rajeshbhai Desai
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Hemal Rajeshbhai Desai, part of the promoter group of Padmanabh Alloys & Polymers Ltd, has bought 7,205 equity shares (0.13%) of the company through the open market on 19 February 2026. Before the purchase, he held 62,746 shares (1.15%); after the purchase, his holding stands at 69,951 shares (1.29%). The total equity share capital of the company is 54,13,300 shares of face value Rs. 10 each. The acquisition was carried out in his personal capacity as an acquirer and disclosed to BSE under SEBI's Takeover Regulations.
This is a small promoter-group purchase of about 0.13% of equity, signalling mild insider confidence but too small to materially affect shareholding control or stock price.