The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Jeel Mahendrabhai Patel & PACs
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Jeel Mahendrabhai Patel, along with persons acting in concert (PACs) from the promoter group, acquired 400 equity shares of Vikram Thermo (India) Ltd through the open market on 24 June 2025. Before the acquisition, the promoter group held 2,06,87,250 shares representing 65.97% of the voting capital. After the acquisition, their holding marginally increased to 2,06,87,650 shares, with the shareholding percentage remaining effectively the same at 65.97%. The total equity share capital of the company is 31,35,785 shares of Rs. 10 each, aggregating to Rs. 3.14 crore. This is a routine disclosure under SEBI takeover regulations and reflects a very small acquisition by the promoter group.
The acquisition is negligible in size (0.001% of capital) and does not materially change the promoter's already dominant 65.97% stake. No significant impact on minority shareholders or stock price is expected; this is essentially a token buy by the promoter family.