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

Promoter sold over 1%Ownership Changes View source PDF Explain this filing

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

+10.2%Reaction day

₹6.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%+9.6% vs market

Trading - Chemicals peers, median of 10sector+0.7%+9.4% vs sector

On the reaction day the stock moved 9.6 pts more than Nifty Microcap 250 and 9.4 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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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+10.2+0.5+9.6+0.7+9.4

Next day

+8.3+1.2+7.1-0.4+8.7

+13.3+0.9+12.4-0.3+13.6

+17.0+1.3+15.7+0.7+16.3

+24.2+0.6+23.6-0.1+24.3

+20.8+0.3+20.6-1.1+21.9

+28.3-1.1+29.5-0.1+28.4

15d

+46.5-2.6+49.1-2.4+48.9

+8.7-1.9+10.6-6.1+14.8

-39.7-1.0-38.7-4.6-35.1

-47.5-6.7-40.8-11.5-36.0

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

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.

Likely market impact

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.