The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Raj Kumar Modi HUF
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Raj Kumar Modi HUF, part of the promoter/promoter group of PMC Fincorp Ltd, bought 41,75,000 equity shares (0.59% of diluted share capital) through open market purchases across three dates: 6,25,000 shares on September 4, 27,50,000 shares on September 8, and 8,00,000 shares on September 12, 2025. This raised the HUF's stake from 13,86,666 shares (0.19%) to 55,61,666 shares (0.78%). The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations, 2011. PMC Fincorp has a total equity share capital of about 71.21 crore equity shares of face value ₹1 each.
This is a modest open-market purchase by a promoter-group entity, signaling continued promoter confidence in the company. At 0.78% holding post-acquisition, it is a small stake build-up with no immediate material impact on stock price or control dynamics.