The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Satishkumar Keshavlal Shah
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Sacheta Metals promoter Satishkumar Keshavlal Shah has disclosed an open market purchase of 24,007 equity shares (0.02% of the company's share capital) on 5 March 2026 under Regulation 29(2) of the SEBI Takeover Regulations. His total holding in the company rose marginally from 2,63,05,709 shares (21.04%) to 2,63,29,716 shares (21.06%). The mode of acquisition was the open market, and the equity capital of the company remains unchanged at Rs. 25 crore divided into 12.5 crore shares of Rs. 2 each. The disclosure has been filed with BSE as a routine regulatory submission.
The acquisition is very small (0.02%) and is unlikely to materially affect the stock price. It signals mild promoter confidence, as the promoter is incrementally increasing his stake from an already meaningful 21% holding.