The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pankaj Chandrakant Mishra & PACs
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Mr. Pankaj Chandrakant Mishra, along with Person Acting in Concert (PAC) Devyani Pankaj Mishra, sold 7,15,412 equity shares of Pratik Panels Ltd on 18th August 2025, representing 1.12% of the company's total equity capital of 6,38,98,500 shares. The transaction was carried out off-market, and the promoter has completely exited the company, with holding dropping from 1.12% to 0%. Both Pankaj Mishra and his PAC are classified as part of the promoter group.
A complete promoter exit via off-market sale may signal reduced insider confidence or a shift in ownership, which could weigh on stock sentiment. Retail investors should watch for any change in control, new promoter entry, or shifts in company strategy following this exit.