The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Suchitkumar Maheshbhai Patel
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Promoter Suchitkumar Maheshbhai Patel bought 14,000 equity shares of Parmeshwar Metal Limited on 23rd July 2025 through the open market. His voting shareholding rose from 17,73,500 shares (11.59%) to 17,87,500 shares (11.67%) of the company. The total equity share capital remains Rs. 15.30 crore, divided into 1,53,06,000 shares of Rs. 10 each. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations on 24th July 2025.
This is a minor promoter stake increase (just 0.09%), showing continued promoter confidence but unlikely to move the stock materially on its own. Retail investors should note that the promoter is incrementally building his holding without crossing any major regulatory threshold.