Announced Tue, 26 May · 14:31 IST

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

Promoter Stake BuyOwnership Changes View source PDF

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

-1.3%1-day move

₹66.00

prior close

₹65.90

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0-0.0-0.0-1.3+1.5+5.3+2.3+0.0+0.0+3.0-1.0+44.3—

Up moveDown movePending

AI summary

Himanshu Arora, along with Persons Acting in Concert (PACs) Rahul Nagar, Vikas Garg, and Sandeep Jain, completed acquisition of 50,662 equity shares (0.91%) through a Share Purchase Agreement dated January 14, 2026. Following this, the acquirer group collectively holds 32,23,658 shares representing 58.15% of total voting capital of Pankaj Polymers Ltd. This acquisition was made via off-market mode pursuant to an open offer. As a result of this transaction, the acquirer group has been classified as promoters of the Target Company and now exercises control as majority shareholders.

Likely market impact

This filing confirms a change in promoter group composition and control structure of Pankaj Polymers Ltd. The acquirer group now holds over 58% stake, making them majority shareholders and gaining promoter status. Himanshu Arora's individual holding increased from 3.60% to 4.51%.