The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pankaj Goel
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Pankaj Goel, a promoter of Pankaj Polymers Ltd, sold 2,36,520 equity shares representing 4.27% of total share capital. The sale was executed off-market via a Share Purchase Agreement and pursuant to an open offer on 12/05/2026. Before the transaction, Pankaj Goel individually held 4.27% and together with Persons Acting in Concert (PAC) held 46.29%. After the sale, his individual holding became NIL while the PAC holding reduced to 42.02%. The total equity share capital of the company is Rs.5,54,39,000 comprising 55,43,900 equity shares of Rs.10 each.
Promoter exit reduces PAC holding below 50% threshold, signalling potential change in control dynamics and reduced promoter confidence in the company.