The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Paras Goel
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Paras Goel, a promoter of Pankaj Polymers Ltd, sold 2,35,660 equity shares (4.25% of total capital) on May 12, 2026 through an off-market Share Purchase Agreement. Prior to the sale, his holding was 46.29% (including Persons Acting in Concert). After the sale, his holding reduced to 42.03%. The transaction was disclosed under SEBI SAST Regulation 29(2) and is stated to be pursuant to an open offer. Paras Goel now holds NIL shares individually but retains 23,30,350 shares (42.03%) together with PAC.
Promoter stake reduced by 4.25 percentage points to 42.03%, indicating partial exit by a key promoter. The sale via SPA and open offer suggests potential change in control or strategic restructuring.