The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(i)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
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Promoter Mr. Anand Mahendrabhai Bhuva acquired 4,41,653 equity shares (7.88%) of Polymechplast Machines Ltd from his mother Mrs. Hansaben Mahendrabhai Bhuva via an off-market gift transaction dated 25th August 2025. The transfer qualifies for the inter-se immediate-relative exemption under SEBI Takeover Regulations, so no open offer is triggered. As a result, Mr. Anand Bhuva's individual stake rose from 2.67% (1,49,287 shares) to 10.55% (5,90,940 shares), while Mrs. Hansaben Bhuva's holding dropped from 7.88% to nil. Total promoter group shareholding remains unchanged because the transfer is purely an internal family arrangement with no consideration involved. SEBI filing fees of Rs. 1,77,000 (including GST) were paid, and all related disclosures under Regulations 10(5), 10(6), 29(2), and PIT Regulation 7(2) have been complied with.
No material impact on the stock price or overall promoter control — this is a private family reallocation with zero money changing hands. Mr. Anand Bhuva's individual voting influence rises to 10.55%, but the consolidated promoter group's stake and control of the company stay exactly the same.