The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Asgar Patel & Others
PATINTLOG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Asgar Shakoor Patel, a promoter of Patel Integrated Logistics Ltd, purchased 66,000 equity shares (about 0.094% of total share capital) through an open market transaction on June 2, 2026. His personal stake in the company rose from 8.27% to 8.36% as a result. The combined promoter and promoter group holding now stands at approximately 36.09% of the company's equity, up marginally from 35.99% before the purchase. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, which mandates reporting of changes in shareholding by promoters.
A small but confidence-signaling purchase by a promoter, generally viewed as a positive sign by retail investors. Given the tiny size of the acquisition, it is unlikely to move the stock price meaningfully, but it reflects the promoter's continued faith in the business.