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, acquired 800 equity shares (0.0108% of paid-up capital) through the open market on 30-09-2025. Post-acquisition, his holding rose marginally from 1,063,045 shares (14.3830%) to 1,063,845 shares (14.3938%). The equity share capital of the company remained unchanged at INR 7,39,10,000. This is a routine disclosure under SAST Regulations and reflects a very small, incremental increase in promoter ownership.
The acquisition is negligible in size and unlikely to impact stock price or shareholder value. It signals continued promoter confidence but has no material implications given the tiny quantum of shares involved.