The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Abhishek Harshad Patel
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Abhishek Harshad Patel, part of the promoter group of Rishi Techtex Ltd, has acquired 11,776 equity shares (0.16% of the company) through open market purchases on 26 September 2025 (5,950 shares) and 29 September 2025 (5,826 shares). His total holding has risen from 10,51,269 shares (14.22%) to 10,63,045 shares (14.38%) of the company's voting share capital. The equity share capital of the company remains unchanged at ₹7,39,10,000. The disclosure has been filed under Regulation 29(1) of the SEBI Takeover Regulations.
This is a small promoter buying in the open market, signalling continued promoter confidence in the company. The increase in promoter holding is marginal and is unlikely to have any material impact on the stock price, though it is mildly positive sentiment.