The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pranav Shah
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Pranav Satishkumar Shah, a member of the promoter group of Sacheta Metals Ltd, acquired 5,394 equity shares of the company through open market transactions. After this acquisition, his total holding stands at approximately 1,05,86,909 shares, representing roughly 8.45% of the company's equity share capital (Rs. 25 crore, divided into 12.5 crore shares of Rs. 2 each). The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition size is very small relative to the total share capital, so the percentage change in his holding is negligible.
This is a routine regulatory disclosure by a promoter group member for a very small open market purchase. The transaction size is too small to materially affect stock price or shareholder value, but signals continued promoter engagement with the company.