Acquisition of Shares by the Promoter
Price
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Awaiting price reaction for this filing.
Paharpur Cooling Towers Limited, one of the promoters of Swadeshi Polytex Ltd, acquired 249,157 equity shares from the open market on 2nd June 2025 at an average price of ₹60.27 per share, totalling about ₹1.50 crore. With this purchase, the promoter's stake in the company rose from 18.42% to 19.05%, an increase of about 0.63 percentage points.
This is a positive signal of promoter confidence, as the promoter is increasing its shareholding from the open market. However, the increase in stake is modest and is approaching the 20% mark, which investors may want to monitor for any future regulatory implications.