The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ramjibhai Bhimjibhai Patel
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Ramjibhai Bhimjibhai Patel, a member of the promoter group of Patidar Buildcon Limited, has sold 2,00,000 equity shares (3.64% of voting capital) through an off-market transaction on 26 November 2025. Before the sale, he along with persons acting in concert (PACs) held 11,54,000 shares (20.98%); after the sale, their combined holding stands at 9,54,000 shares (17.34%). The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The total share capital of the company remains unchanged at 55,00,570 equity shares of Rs. 10 each. There are no encumbrances on shares.
This is a notable promoter-group offloading that reduces the combined promoter/PAC stake by 3.64 percentage points, though they remain the largest shareholder block at 17.34%. Off-market promoter sales can sometimes signal private stake reshuffling, but the continued substantial holding suggests no immediate concern of promoter exit; investors should watch for further disclosures.