The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Hansaben Mahendrabhai Bhuva
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Hansaben Mahendrabhai Bhuva, a promoter shareholder of Polymechplast Machines Ltd, disposed off 4,41,653 equity shares on 25th August 2025. This represents about 7.88% of the company's total equity capital of 56,01,710 shares. The transfer was executed off-market by way of a gift among the promoter's immediate relatives (inter-se transfer). The total share capital of the company remains unchanged at Rs. 5,60,17,100 before and after the transaction. The disclosure was filed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.
No material impact on stock price or non-promoter shareholders. Since this is an inter-se gift transfer among promoter family members, the overall promoter group's collective stake in the company remains unchanged — it's purely an internal reshuffle within the promoter family.