The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for NarendrakumarPatel & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
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.
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.