The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Priti Sunil Panchmatiya
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Awaiting price reaction for this filing.
Priti Sunil Panchmatiya, a member of the promoter group of Poojawestern Metaliks Ltd, sold 6,847 equity shares (0.07% of total share capital) through an open market transaction on October 28, 2024. Her individual holding reduced from 9.81% (994,958 shares) to 9.74% (988,111 shares). The total promoter group holding declined marginally from 61.78% to 61.71%. The filing was submitted along with persons acting in concert (PAC), though only Priti Sunil Panchmatiya carried out the sale. This is a revised disclosure under SEBI's takeover regulations for reporting changes in shareholding.
The transaction is very small in size (only 6,847 shares, 0.07% of capital) and is unlikely to have any meaningful impact on the stock price or promoter control, which remains comfortably above 60%. Retail investors should note this is a routine compliance disclosure rather than a significant strategic move.