Promoter purchase shares 500000
Price
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Awaiting price reaction for this filing.
Paharpur Cooling Towers Limited, one of the promoters of Swadeshi Polytex Ltd, bought 5,00,000 equity shares from the open market on BSE on 3rd June 2025 at an average price of ₹63.96 per share, for a total consideration of about ₹3.2 crore. With this purchase, the promoter's stake in the company rose from 19.05% (74,31,204 shares) to 20.34% (79,31,204 shares), an increase of roughly 1.29 percentage points. The disclosure was made under SEBI Insider Trading Regulations (Form C) within the required two working days.
This is a promoter buying more shares from the market, which is generally seen as a positive confidence signal. Existing shareholders may view it as the promoter showing faith in the company's value at current price levels.