The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Savitaben Patel & PACs
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Savitaben Jayantilal Patel, part of the promoter group of Promact Plastics Ltd, purchased 2,549 equity shares (face value Rs. 10 each) via open market on 9 June 2026. Her individual holding rose from 2,65,749 shares (4.08%) to 2,68,298 shares (4.12%). The combined promoter and PAC group holding increased marginally from 40.37% to 40.41% of the company's equity (total 26,31,794 shares out of 65,11,800). The disclosure has been filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The transaction size is very small (0.04% stake change) and is likely part of routine promoter-level consolidation.
The acquisition is a minor open-market purchase that signals continued promoter confidence, but the negligible size is unlikely to materially impact share price. Total promoter group holding stays comfortably below the 50% mark at 40.41%, indicating no change in control dynamics.