The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kanchan Goel
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Kanchan Goel, a member of the Promoter Group, has sold 2,59,310 equity shares (4.68% of total capital) of Pankaj Polymers Ltd through an off-market Share Purchase Agreement. The transaction was completed on 18/05/2026. Before the sale, Kanchan Goel held 2,59,310 shares (4.68%) individually and 5,14,972 shares (9.29%) together with Persons Acting in Concert (PAC). After the sale, Kanchan Goel's individual holding reduced to NIL, while the combined holding with PAC is now 2,55,662 shares (4.61%). The total diluted share capital of the company remains at Rs.5,54,39,000 (55,43,900 equity shares of Rs.10 each).
A promoter group member has completely exited their individual shareholding by selling 4.68% of the company. This significant disposal may signal reduced promoter confidence or a change in the promoter group's shareholding structure, which could be viewed negatively by investors.