The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhumishth Patel HUF & PACs
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On the reaction day the stock moved 6.9 pts more than Nifty Microcap 250 and 5.7 pts more than its Trading - Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Bhumishth Narendra Patel HUF, acting as seller along with Persons Acting in Concert (PACs), sold 400,000 equity shares (1.73%) of Patron Exim Ltd through open market on September 18, 2025. The HUF's individual holding dropped from 500,000 shares (2.16%) to 100,000 shares (0.43%). The combined PAC group's total holding reduced from 13,551,800 shares (58.46%) to 13,151,800 shares (56.75%), a decline of about 1.71%. The filing notes that the acquirer/seller does not belong to the Promoter/Promoter group but is acting as a PAC. The total share capital of the company remained unchanged at 23,180,000 equity shares of Rs.10 each.
This is a minor open-market sale by a PAC-group HUF, reducing the combined PAC holding but still keeping it well above the 50% mark. For retail investors, this is a relatively small divestment that should not materially affect control or shareholder structure, though it may signal some portfolio rebalancing by the Patel family group.