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

Ownership Changes View source PDF Explain this filing

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

+11.6%Reaction day

₹7.70

prior close

₹7.90

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.1%+13.7% vs market

Trading - Chemicals peers, median of 10sector-1.2%+12.7% vs sector

On the reaction day the stock moved 13.7 pts more than Nifty Microcap 250 and 12.7 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.3

10m

+3.3

15m

+3.3

30m

+3.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+11.6-2.1+13.7-1.2+12.7

Next day

+18.2-2.9+21.1-0.4+18.6

+20.5-3.3+23.8-2.3+22.8

+22.5-2.0+24.4-1.8+24.3

+23.6-0.7+24.3-0.9+24.5

+23.4-1.0+24.4-2.9+26.3

+14.2-1.5+15.7-1.0+15.1

15d

-23.5-0.3-23.2-0.2-23.3

-32.2+0.3-32.5-1.6-30.6

-60.1-1.8-58.3-7.5-52.7

-60.3-5.3-55.0-12.5-47.8

UpDownMarket · Nifty Microcap 250Sector · Trading - Chemicals peers, median of 10Pending

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

AI summary

Sushilaben Narendrakumar Patel, along with Persons Acting in Concert (PACs) including Narendrakumar Patel, Bhumishth Patel, Bhumishth Patel HUF, and Payal Bhumishth Patel, sold 34,00,000 equity shares (14.65% of total share capital) of Patron Exim Limited through the open market on September 23, 2025. The filing confirms the seller does NOT belong to the promoter/promoter group. Before the sale, the combined holding stood at 93,47,800 shares (40.29%), which has now dropped to 59,47,800 shares (25.65%) — an individual seller holding of 10.98% and PACs holding 14.67%. The company has a total equity share capital of 2,31,80,000 shares of face value Rs 10 each.

Likely market impact

A large 14.65% open-market sale by a non-promoter shareholder group is a significant supply event and could weigh on the stock price in the near term. Despite the cut, the group retains a sizeable 25.65% stake, leaving room for further offloading that investors should watch.