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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Monaben Chetanbhai Desai, a member of the promoter group, acquired 1,000 equity shares (0.01% of total capital) of Padmanabh Alloys & Polymers Ltd through the open market on 18 September 2025. Her holding increased marginally from 128,600 shares (2.37%) to 129,600 shares (2.39%) of the company's paid-up equity capital of 54,13,300 shares. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, and no encumbrance or pledge-related activity was reported.
This is a tiny, routine open-market purchase by a promoter-group member and is unlikely to move the stock price. It signals modest promoter confidence but represents no meaningful change in ownership or control.