The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nilesh Jobanputra
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Nilesh Jobanputra, a member of the promoter group of Patron Exim Ltd, has sold his entire holding of 16,56,000 equity shares (7.14% of total share capital) through the open market on 8th October 2025. Before the sale, he held the same 7.14% stake, and after the transaction his holding has come down to zero. The company's total equity share capital remains unchanged at ₹2,31,80,000 (23,180,000 shares of ₹10 each). This is a complete exit by an individual promoter from the company.
This is a full exit by one promoter, which could raise concerns about promoter confidence in the company and may weigh negatively on the stock in the short term due to overhang from the 7.14% stake now in the open market.