Disclosure Under Regulation 7(1) & 7(2) of SEBI(Prohibition of Insider Trading) Regulation, 2015.
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Devansh Bhupesh Patel, a member of the promoter group and immediate relative, acquired 59,200 equity shares of Patel Chem Specialities Ltd through open market purchase on BSE on 17/11/2025. Prior to this acquisition, the person held zero shares, and post-acquisition holds 0.2380% stake in the company. The disclosure is filed under SEBI Insider Trading Regulations (Regulation 7(1) & 7(2)) and SEBI LODR Regulation 30. The company confirmed that this acquisition did not result in any change in control.
This is a small but confidence-signaling buy by the promoter family, indicating insider belief in the company's prospects. At just 0.24% of shares, the impact on stock price is likely minimal, but it is a positive sentiment signal for retail investors.