Announced Sat, 21 Feb · 12:27 IST

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

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hemal Rajeshbhai Desai, part of the promoter group of Padmanabh Alloys & Polymers Ltd, bought 7,205 equity shares (0.13% of total share capital) through the open market on 19/02/2026. This takes his individual holding from 62,746 shares (1.15%) to 69,951 shares (1.29%) of the company. The total equity share capital of the company is 54,13,300 shares of face value ₹10 each. No encumbrance (pledge/lien) is involved in this transaction.

Likely market impact

This is a small, incremental open-market purchase by a promoter, signalling modest confidence. The size of the acquisition is too small to materially affect stock price or control, but it is a positive insider signal as it increases the promoter's personal stake.