Padmanabh Alloys promoter acquires 316 shares in open market
- Promoter Hemal Rajeshbhai Desai bought 316 shares in the open market on September 15, 2026
- Total holding increased to 95,274 shares, or 1.759% of voting capital
- Transaction disclosed under SAST Regulation 29(2) on September 16, 2026
- No shares are currently pledged or encumbered by the promoter
*this image is generated using AI for illustrative purposes only.
Promoter Hemal Rajeshbhai Desai acquired 316 equity shares of Padmanabh Alloys & Polymers in the open market on September 15, 2026. The transaction increased his total holding to 95,274 shares, representing 1.759% of the company’s total voting capital.
The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the BSE Limited on September 16, 2026.
Shareholding Details
Before this transaction, Desai held 94,958 shares, constituting 1.754% of the total equity. None of these shares were encumbered or pledged. Following the purchase of 316 additional shares, his stake rose marginally by 0.005%.
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Shares held | 94,958 | 95,274 |
| Stake percentage | 1.754% | 1.759% |
| Encumbered shares | NIL | NIL |
The company’s total equity share capital remains unchanged at 54,13,300 equity shares with a face value of ₹10 each. There were no changes in warrants, convertible securities, or other instruments entitling the acquirer to voting rights during this period.
Historical Stock Returns for Padmanabh Alloys & Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +8.81% | 0.0% | +17.52% | +9.37% | -53.33% |
Does this incremental purchase signal a broader accumulation strategy by promoter Hemal Rajeshbhai Desai, or is it part of routine portfolio maintenance?
How might this insider buying activity influence market sentiment and short-term price volatility for Padmanabh Alloys & Polymers?
Are there any upcoming corporate actions, such as dividends or rights issues, that could explain the timing of this specific share acquisition?
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