Please find enclosed disclosure received under Reg 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 from Mr. Aman Goel, belonging to Promoter group, intimating sale of ....
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Pankaj Polymers Ltd has received a disclosure from Mr. Aman Goel, a member of the Promoter Group, notifying the sale of company shares. The sale was executed through an off-market transaction under a Share Purchase Agreement (SPA). The company filed this disclosure in compliance with Regulation 7(2)(a) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The letter was signed by Pankaj Goel, Managing Director of the company, and submitted to BSE for regulatory compliance and public record. The specific quantity and percentage of shares sold could not be determined from the filing document.
This represents a promoter group stake reduction through an off-market deal, which may signal reduced promoter confidence or a change in shareholding structure. Investors should monitor for updated shareholding pattern filings to assess the impact on promoter holding percentage.