BSESwadeshi Polytex LtdMediumPositive
Announced Sat, 30 Aug · 13:47 IST

Promoter has purchased shares from Market as per attachment

Promoter Stake BuyOwnership Changes View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Paharpur Cooling Towers Ltd, one of the promoters of Swadeshi Polytex Ltd, has purchased 2,97,376 equity shares from the open market on 28th August 2025 at an average price of INR 63.10 per share, for a total of about INR 1.88 crore. With this acquisition, the promoter's stake in the company increased from 21.62% (84,31,204 shares) to 22.38% (87,28,580 shares), a rise of 0.76 percentage points. The purchase was disclosed under SEBI PIT Regulation 6(2) in Form C. The shares are of Swadeshi Polytex Ltd, which is listed on BSE (Scrip Code 503816).

Likely market impact

This open-market purchase signals promoter confidence in the company's prospects and is generally viewed positively by retail investors as it shows insider buying. The promoter holding is still well below 50%, but the gradual increase in stake may be watched as a positive sentiment indicator.