Padmanabh Alloys Promoter Jayshree Desai Disposes Complete 0.20% Stake Through Off-Market Sale

1 min read     Updated on 01 Apr 2026, 07:41 PM
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AI Summary

Promoter Jayshree Jayeshbhai Desai has completely divested her 0.20% stake in Padmanabh Alloys & Polymers Limited through an off-market sale of 11,000 equity shares on March 27, 2026. The transaction, disclosed under SEBI regulations, represents her complete exit from equity ownership in the company. The company's total share capital of 54,13,300 equity shares with face value of Rs. 10 each remains unchanged following this promoter disposal.

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Padmanabh alloys & polymers Limited has received a regulatory disclosure from promoter Jayshree Jayeshbhai Desai regarding the disposal of her complete equity stake in the company. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the sale of 11,000 equity shares through an off-market transaction.

Transaction Details

The share disposal transaction was executed on March 27, 2026, involving the complete divestment of Desai's equity holding in the company. The transaction represents a complete exit by the promoter from her equity ownership position.

Parameter: Details
Transaction Type: Off-market sale
Transaction Date: March 27, 2026
Shares Disposed: 11,000 equity shares
Stake Percentage: 0.20%
Mode: Off-market transaction

Shareholding Pattern Changes

The disposal has resulted in a complete reduction of Desai's shareholding in Padmanabh Alloys & Polymers Limited. The transaction details show her holding position before and after the sale.

Holding Period: Number of Shares Percentage Holding
Before Disposal: 11,000 0.20%
Shares Sold: 11,000 0.20%
After Disposal: 0 0.00%

Company Share Capital Structure

Padmanabh Alloys & Polymers Limited maintains its total equity share capital structure unchanged following this transaction. The company's share capital information remains consistent before and after the disposal.

Share Capital Component: Details
Total Equity Shares: 54,13,300
Face Value per Share: Rs. 10.00
Listing Exchange: BSE Limited
Total Diluted Capital: 54,13,300 shares

Regulatory Compliance

The disclosure was filed in compliance with SEBI regulations governing substantial acquisition and disposal of shares. Jayshree Jayeshbhai Desai, identified as a promoter group member, submitted the required documentation to both BSE Limited and the company on March 30, 2026. The transaction involved no encumbrances, voting rights other than equity shares, or convertible securities, representing a straightforward equity disposal by the promoter.

Will other promoter group members follow suit with similar equity disposals in the coming quarters?

How might this promoter exit impact Padmanabh Alloys & Polymers' strategic direction and governance structure?

What factors could have motivated this complete divestment despite the company's current market position?

Hemal Rajeshbhai Desai Acquires 3500 Equity Shares in Padmanabh Alloys & Polymers Limited

1 min read     Updated on 27 Mar 2026, 10:02 PM
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AI Summary

Hemal Rajeshbhai Desai, promoter of Padmanabh Alloys & Polymers Limited, disclosed acquisition of 3500 equity shares through open market transaction on March 25, 2026. The acquisition increased his shareholding from 75318 shares (1.391%) to 78818 shares (1.456%), representing a 0.064% increase in voting rights. The transaction was disclosed in compliance with SEBI Regulation 29(2) and filed with BSE Limited and the company.

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Padmanabh Alloys & Polymers Limited promoter Hemal Rajeshbhai Desai has disclosed the acquisition of 3500 equity shares in the company through an open market transaction. The acquisition was completed on March 25, 2026, and disclosed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition represents a strategic move by the promoter to increase his stake in the company. Hemal Rajeshbhai Desai, based in Surat, filed the necessary regulatory disclosure with BSE Limited and the company on March 25, 2026. The transaction details are presented below:

Parameter: Details
Shares Acquired: 3500 equity shares
Mode of Acquisition: Open Market
Transaction Date: March 25, 2026
Acquirer Status: Promoter
Filing Date: March 25, 2026

Shareholding Pattern Changes

The acquisition has resulted in a marginal increase in Desai's shareholding percentage in Padmanabh Alloys & Polymers Limited. The comparative shareholding position shows the impact of this transaction:

Shareholding Position: Before Acquisition After Acquisition Change
Number of Shares: 75318 78818 +3500
Percentage Holding: 1.391% 1.456% +0.064%
Voting Rights: 1.391% 1.456% +0.064%

Company Share Capital Structure

The company's equity share capital structure remains unchanged following this transaction. Padmanabh Alloys & Polymers Limited maintains its total equity share capital at 54,13,300 equity shares, each with a face value of Rs. 10.00. The shares are listed on BSE Limited, where the regulatory disclosure was filed.

Regulatory Compliance

The disclosure demonstrates adherence to SEBI regulations governing substantial acquisitions. The acquirer confirmed that no encumbrances, warrants, or convertible securities were involved in this transaction, maintaining a straightforward equity transaction structure. The formal disclosure letter was submitted to both BSE Limited at P.J. Towers, Dalal Street, Fort, Mumbai, and to the company's registered office at N.H.8, Palsana, Dt. Surat.

This open market acquisition reflects the promoter's continued confidence in the company's prospects while maintaining full compliance with regulatory requirements for disclosure of substantial shareholding changes.

What strategic initiatives or expansion plans might be driving the promoter's decision to increase their stake in Padmanabh Alloys & Polymers?

Could this acquisition signal the beginning of a larger consolidation effort by promoters in the alloys and polymers sector?

How might this increased promoter confidence impact institutional investor sentiment and the company's stock performance in the coming quarters?

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