The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Asgar Patel & Others
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Mr. Asgar Shakoor Patel, a promoter of Patel Integrated Logistics Ltd, bought 20,000 equity shares through the open market on 20 February 2026. After this purchase, the promoter group's combined holding rose marginally from 35.95% to 35.98% of the company's equity share capital. Individually, Asgar Patel's stake increased from 8.23% to 8.26%. The total equity share capital of the company remains unchanged at 6,95,85,746 shares of Rs. 10 each. The disclosure has been filed with BSE, NSE, and Calcutta Stock Exchange as required under SEBI's takeover regulations.
This is a very small open-market purchase by the promoter, indicating continued promoter confidence but with negligible impact on ownership structure or stock price. The promoter group remains well below the 50% majority threshold, meaning the company is not promoter-majority controlled.