We have received intimation from Mr. Akash Sethi (Promoter & Joint Managing Director) pursuant to Regulation 29(2) of the SEBI (SAST) Regulations regarding acquisition of 1,78,000 Equity ....
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Mr. Akash Sethi, Promoter and Joint Managing Director of Shree Pacetronix Ltd, acquired 1,78,000 equity shares on June 8, 2026 through an off-market transfer from Bio Pace Technology INC. This filing is made under Regulation 29(2) of SEBI (SAST) Regulations to disclose the acquisition. His holding in the company rose from 3,28,471 shares (8.42% of diluted capital) to 5,06,471 shares (12.99% of diluted capital), taking his combined holding with warrants to 16.84% of diluted share capital. The acquisition crosses the 10% ownership threshold on a diluted basis. Total equity share capital of the company stands at 37,49,700 shares of Rs 10 each.
This is a positive signal showing promoter confidence, as a director increased his personal stake in the company through an off-market transfer (not a market sale by the company). Shareholders may view this as an endorsement of the company's future prospects. The share capital remains unchanged, so no dilution has occurred from this transaction.