We have received intimation from Mr. Akash Sethi (Promoter & Managing Director) pursuant to Regulation 29(2) of the SEBI (SAST) Regulations regarding acquisition of 1,65,355 Equity Shares ....
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Mr. Akash Sethi, Promoter and Managing Director of Shree Pacetronix Limited, has acquired 1,65,355 equity shares of the company through an off-market transfer from Bio Pace Technology INC on March 20, 2026. This increased his holding from 3,13,416 shares (8.04% on diluted basis) to 4,78,771 shares (12.28% on diluted basis), a jump of about 4.24 percentage points. The disclosure is filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The total equity share capital of the company remains 37,49,700 shares, with a fully diluted capital of 39,00,000 shares.
This is a positive signal for shareholders as it shows promoter confidence through an increase in personal stake. The promoter now holds a significantly larger chunk of the company, which may improve market sentiment. However, since the acquisition is close to the 5% creeping acquisition limit, further promoter purchases in the same financial year could attract SAST regulatory triggers.