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 purchased 10,000 equity shares of Parmeshwar Metal Ltd through the open market, increasing his stake from 11.59% to 11.65%. The acquisition took place over two trading days — 6,000 shares on November 18, 2025, and 4,000 shares on November 19, 2025. The total equity share capital of the company remains unchanged at 1.53 crore shares of Rs. 10 each. The promoter paid for the shares personally, with no encumbrance or pledged shares involved.
This is a small incremental purchase by the promoter, showing mild confidence in the company. The change in stake is marginal (0.06%), so it is unlikely to meaningfully move the share price, though promoter buying is generally viewed as a positive sentiment signal by retail investors.