The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Narendrakumar Patel & PACs
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Narendrakumar Gangaramdas Patel, along with Persons Acting in Concert (PACs) — Sushilaben Patel, Bhumishth Patel, Bhumishth Patel HUF, and Payal Bhumishth Patel — sold 4,20,000 equity shares (1.81% of total share capital) of Patron Exim Ltd through the open market on September 11, 2025. The promoter group's aggregate holding fell from 1,58,15,800 shares (68.22%) to 1,53,95,800 shares (66.42%). The disclosure was filed with BSE on September 13, 2025 under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. The company's total equity share capital remains 23,180,000 shares of face value Rs. 10.
A modest promoter sell-off of 1.81% via open market may create mild short-term supply pressure on the stock, though promoter holding remains comfortably above 50% at 66.42%, indicating continued controlling interest and no governance concern.