The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Harshad Bhavanbhai Patel
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Awaiting price reaction for this filing.
Promoter and Managing Director Harshad Bhavanbhai Patel has acquired 30,000 equity shares of Rishi Laser Limited by way of gift on 19 June 2025. His shareholding increased from 12,66,626 shares (13.78%) to 12,96,626 shares (14.11%), a rise of 0.33%. The shares were received as a gift, with no cash consideration involved. The total equity share capital of the company stood at Rs. 9,19,26,000 and remained unchanged after the transaction.
This is a minor positive signal as promoter holding strengthened modestly, reflecting insider confidence. However, the transfer is by gift and the stake change is small (0.33%), so material impact on share price is unlikely.