The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Abhishek Patel
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Abhishek Harshad Patel, a member of the promoter group of Rishi Techtex Ltd, has acquired 3,674 equity shares through the open market under SEBI SAST Regulation 29(1). The acquisition was made on 22 September 2025 (19 shares) and 23 September 2025 (3,655 shares). His holding has increased from 10,38,895 shares (14.06%) to 10,42,569 shares (14.1059%), a marginal rise of about 0.05%. The equity share capital of the company remained unchanged at INR 7,39,10,000. The shares carry normal voting rights and were bought on the Bombay Stock Exchange.
This is a small open-market purchase by a promoter group member, signalling continued promoter confidence. The marginal increase in stake is unlikely to materially move the stock price but reaffirms the promoter's long-term interest in the company.