The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amit Modak & PACs
PNGSREVA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Amit Yeshwant Modak, Whole Time Director and CEO of PNGS Reva Diamond Jewellery, purchased 2,000 equity shares from the open market on June 5, 2026. His holding increased marginally from 6,50,500 shares (2.05%) to 6,52,500 shares (2.056%) of the company's equity capital. The disclosure was filed along with Persons Acting in Concert (Sunita Modak, Aditya Modak, Mugdha Modak), and Mr. Modak clarified he does not belong to the promoter/promoter group. The acquisition was made through open market and the share capital of the company remains unchanged at Rs. 31,69,84,000 (3,16,98,400 equity shares of Rs. 10 each).
This is a very small insider buy (only about 0.006% increase in holding) by a non-promoter executive. It is unlikely to have any meaningful impact on the stock price or shareholder base, though it signals minor insider confidence.