The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Narendrakumar Patel & PACs

Promoter Stake Sell 1pctOwnership Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+5.9%Reaction day

₹8.59

prior close

₹9.07

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%+6.8% vs market

Trading - Chemicals peers, median of 11sector+0.0%+5.9% vs sector

On the reaction day the stock moved 6.8 pts more than Nifty Microcap 250 and 5.9 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.6

10m

+0.6

15m

+0.6

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.9-0.8+6.8+0.0+5.9

Next day

+8.0-1.2+9.3-1.0+9.0

+9.8+0.2+9.6+0.8+9.0

+10.8+1.5+9.3+2.0+8.8

+10.6+1.2+9.4-0.0+10.6

+7.7+0.9+6.8+0.5+7.2

-2.2+0.9-3.1-0.1-2.1

15d

-34.8+2.9-37.7+2.0-36.8

-46.2+3.2-49.4+1.9-48.2

-62.6-0.4-62.2-4.2-58.5

-64.7-4.0-60.7-6.1-58.6

UpDownMarket · Nifty Microcap 250Sector · Trading - Chemicals peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Payal Bhumishth Patel, part of the Persons Acting in Concert (PAC) group associated with promoter Narendrakumar Gangaramdas Patel, sold 5,00,000 equity shares (2.16% of total share capital) of Patron Exim Ltd through open market on September 25, 2025. After this sale, the combined PAC holding reduced from 22.19% (51,43,800 shares) to 20.03% (46,43,800 shares). The total equity share capital of the company remains unchanged at 2,31,80,000 shares of face value Rs. 10 each. The disclosure was submitted to BSE on September 27, 2025, under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.

Likely market impact

This is a promoter-group-affiliated sale exceeding 2%, which is a notable reduction in promoter/PAC stake and could create mild negative sentiment among retail investors regarding insider confidence, though the PAC remains a significant shareholder at over 20%.