Padmanabh Alloys promoter Desai buys 2,500 shares in open market

0 min read | Published on 09 Sept 2026, 06:35 PM |Updated on 10 Sept 2026, 08:44 AM

Reviewed by

Shriram SScanX News Team

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Key Highlights

Promoter Hemal Rajeshbhai Desai bought 2,500 shares on September 8, 2026
Total stake increases to 94,190 shares or 1.739% of voting capital
Acquisition made via open market under SEBI Regulation 29(2)
No shares are encumbered or pledged by the promoter

*this image is generated using AI for illustrative purposes only.

Promoter Hemal Rajeshbhai Desai acquired 2,500 equity shares of Padmanabh Alloys & Polymers on September 8, 2026, through the open market.

The acquisition brings his total stake to 94,190 shares, representing 1.739% of the company’s total voting capital. The transaction was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

Desai held 91,690 shares (1.693%) prior to this transaction. None of his holdings were encumbered or pledged before or after the acquisition.

Metric	Before Acquisition	Transaction	After Acquisition
Voting Rights (Shares)	91,690	+2,500	94,190
Stake (% of Total)	1.693%	+0.046%	1.739%
Encumbered Shares	NIL	NIL	NIL

The total equity share capital of Padmanabh Alloys & Polymers remains unchanged at 54,13,300 equity shares with a face value of ₹10 each. The diluted share capital also stands at the same figure, indicating no outstanding convertible securities or warrants.

Historical Stock Returns for Padmanabh Alloys & Polymers

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+8.49%	+44.89%	0.0%	+4.32%	0.0%

Does this incremental acquisition signal a broader strategy by promoter Hemal Desai to consolidate control or prepare for a potential takeover bid?

How might this open-market purchase impact the stock's liquidity and short-term price volatility given the relatively small volume compared to total outstanding shares?

Are there indications that Padmanabh Alloys & Polymers is planning any corporate actions, such as rights issues or buybacks, that would make accumulating unencumbered shares strategically advantageous?

Padmanabh Alloys & Polymers

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Padmanabh Alloys promoter Hemal Desai acquires 1,500 shares on Sept 7

0 min read | Published on 07 Sept 2026, 12:16 PM |Updated on 09 Sept 2026, 12:17 PM

Reviewed by

Jubin VScanX News Team

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Key Highlights

Promoter Hemal Rajeshbhai Desai acquired 1,500 equity shares
Transaction executed via open market on September 7, 2026
Promoter stake rises to 91,690 shares or 1.693%
No encumbrances on the acquired or existing shares

*this image is generated using AI for illustrative purposes only.

Promoter Hemal Rajeshbhai Desai acquired 1,500 equity shares of Padmanabh Alloys & Polymers Limited through open market transactions on September 7, 2026.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction increased the promoter’s total shareholding to 91,690 equity shares.

Shareholding Details

Prior to the transaction, Hemal Rajeshbhai Desai held 90,190 shares, constituting 1.666% of the company’s total voting capital. None of these shares were encumbered or pledged.

Following the purchase, his stake rose by 0.027% to 1.693%. The post-acquisition holding remains free of any liens, pledges, or other encumbrances.

Metric	Before Acquisition	Acquisition	After Acquisition
Shares Held	90,190	1,500	91,690
Voting Rights %	1.666%	0.027%	1.693%
Encumbrance	NIL	NIL	NIL

Capital Structure

The total equity share capital of Padmanabh Alloys & Polymers Limited remains unchanged at 54,13,300 equity shares with a face value of ₹10 each. There are no outstanding warrants, convertible securities, or other instruments that would alter the diluted voting capital.

Historical Stock Returns for Padmanabh Alloys & Polymers