The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suchitkumar Patel
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Suchitkumar Maheshbhai Patel, identified as a Promoter of Parmeshwar Metal Limited, has disclosed an acquisition of 4,000 equity shares (0.03% of the company's share capital) through the open market on November 20, 2025. Following this purchase, his total holding stands at 17,87,500 shares, representing 11.68% of the company's paid-up equity capital (up from 11.65% earlier). The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The shares are listed on BSE (Scrip Code: 544330). The company's total equity share capital is Rs. 15.30 crore, divided into 1.53 crore equity shares of Rs. 10 each.
This is a minor open-market purchase by the promoter, signaling continued confidence in the company. The marginal increase in stake (just 0.03%) is unlikely to materially impact the stock price, but it indicates the promoter is incrementally adding to his position.