The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Narendrakumar Gangaramdas Patel & PACs
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Narendrakumar Gangaramdas Patel and his Persons Acting in Concert (PACs) sold 12,000 equity shares (0.05%) of Patron Exim Ltd through the open market on September 3, 2025. Before the sale, the group held 16,811,800 shares (72.49%); after the sale, holding stands at 16,799,800 shares (72.44%). The filing clarifies that the seller does not belong to the Promoter or Promoter Group category. The transaction is a routine SAST disclosure, and the reduction in stake is negligible.
The sale is extremely small (0.05% of capital) and is made by non-promoter shareholders, so it is unlikely to have any meaningful impact on the stock price or shareholder value. Existing investors need not be concerned.