Padmanabh Alloys promoter Hemal Desai acquires 478 shares in open market

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Promoter Hemal Rajeshbhai Desai acquired 478 equity shares
  • Total holding increased to 94,668 shares (1.748% stake)
  • Transaction executed via open market on September 10, 2026
  • No encumbrances or convertible securities held by the promoter
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*this image is generated using AI for illustrative purposes only.

Promoter Hemal Rajeshbhai Desai acquired 478 equity shares of Padmanabh Alloys & Polymers in the open market on September 10, 2026. The transaction was disclosed to the BSE Limited on September 11, 2026.

The acquisition brings Desai’s total holding in the company to 94,668 shares. This represents a stake of 1.748% of the total voting capital. Prior to this transaction, his holding stood at 94,190 shares, or 1.739% of the voting rights.

Transaction Details

The purchase was executed through open market transactions. There were no changes to the company’s total equity share capital or diluted voting capital as a result of this acquisition. The total equity share capital remains at 54,13,300 equity shares with a face value of ₹10 each.

Metric Before Acquisition After Acquisition
Shares Held 94,190 94,668
Voting Rights % 1.739% 1.748%
Encumbered Shares NIL NIL

Desai holds no warrants, convertible securities, or other instruments entitling him to receive shares carrying voting rights. Additionally, none of the shares held by the promoter are encumbered via pledge, lien, or non-disposal undertakings.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the acquirer belongs to the promoter group.

Historical Stock Returns for Padmanabh Alloys & Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
+3.63%+12.68%+53.85%+21.21%+8.11%0.0%

Does this incremental acquisition signal a broader strategic consolidation plan by the promoter group at Padmanabh Alloys & Polymers?

How might this open market purchase influence short-term trading volume and price volatility for the stock?

Are there indications of upcoming corporate actions, such as rights issues or buybacks, that could further alter the promoter's stake?

Padmanabh Alloys & Polymers
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Padmanabh Alloys promoter acquires 290 shares in open market

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Reviewed by
Ashish TScanX News Team
Key Highlights
  • Promoter Hemal Rajeshbhai Desai bought 290 equity shares
  • Transaction executed via open market on September 11, 2026
  • Promoter stake rises from 1.748% to 1.754%
  • Total holding increases to 94,958 shares
  • No encumbrances or pledge on acquired shares
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50757487

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

Promoter Hemal Rajeshbhai Desai acquired 290 equity shares of Padmanabh Alloys & Polymers in the open market on September 11, 2026.

The acquisition was disclosed to the BSE Limited on September 12, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Changes

Desai’s holding increased from 94,668 shares to 94,958 shares following the transaction. His percentage stake in the company rose from 1.748% to 1.754% of the total voting capital.

Metric Before Acquisition After Acquisition
Shares Held 94,668 94,958
Stake (%) 1.748% 1.754%
Encumbrances NIL NIL

The total equity share capital of Padmanabh Alloys & Polymers remains at 54,13,300 equity shares with a face value of ₹10 each. There were no changes to the diluted share capital or voting rights through other instruments.

Historical Stock Returns for Padmanabh Alloys & Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
+3.63%+12.68%+53.85%+21.21%+8.11%0.0%

Does this incremental acquisition signal a larger strategic consolidation plan by Hemal Rajeshbhai Desai, or is it part of routine portfolio rebalancing?

How might this increase in promoter holding influence market sentiment and the stock's liquidity in the near term?

Are there any upcoming corporate actions or financial results for Padmanabh Alloys & Polymers that could correlate with this timing of share purchase?

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1 Year Returns:+8.11%