The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Shantilal Kailashchandra Shah
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Shantilal Kailashchandra Shah, a promoter of Parmeshwar Metal Ltd (BSE Scrip: 544330), bought 58,000 equity shares (0.38% of total share capital) through the open market on December 1, 2025. His shareholding in the company rose from 14,02,500 shares (9.16%) to 14,60,500 shares (9.54%). The total equity share capital of the company is Rs. 15,30,60,000, divided into 1,53,06,000 equity shares of Rs. 10 each. No encumbered shares or convertible securities are involved in this transaction. The disclosure was filed with BSE on December 2, 2025, in the prescribed SAST format.
A small open-market purchase by the promoter signals continued confidence in the company, though the 0.38% incremental stake is too small to materially move the share price. Shareholders should note that promoter holding now stands at 9.54%, remaining well below 50%.