The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hemal Desai

Hemal Rajeshbhai Desai, a member of the promoter group of Padmanabh Alloys & Polymers Ltd, bought 3,500 equity shares in the open market on 25 March 2026. His shareholding increased from 75,318 shares (1.391%) to 78,818 shares (1.456%) of the company. The disclosure was filed under SEBI's Takeover Regulations, 2011, as the acquisition triggered the reporting requirement. The total equity share capital of the company is 54,13,300 shares of Rs. 10 face value. No encumbrance, warrants or convertible securities were involved in this transaction.