Acquisition of shares by the Promoter
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Paharpur Cooling Towers Limited, one of the promoters of Swadeshi Polytex Ltd, acquired 2,49,157 equity shares from the open market on 2nd June 2025 at an average price of ₹60.27 per share, for a total consideration of approximately ₹1.50 crore. Following this purchase, the promoter's stake in the company rose from 18.42% (71,82,047 shares) to 19.05% (74,31,204 shares), an increase of about 0.63 percentage points. The transaction was executed on the BSE. This is a promoter-driven open-market acquisition that signals continued confidence by the promoter group in the company.
This is a mild positive signal for retail investors as the promoter has voluntarily increased its holding from open market purchases, indicating confidence in the company's prospects. The increase is modest (~0.63%), so material price impact is unlikely, but it strengthens promoter skin-in-the-game.