Padmanabh Alloys promoter Monaben Desai acquires 0.45% stake
- Monaben Chetanbhai Desai acquired 24,800 equity shares via off-market deal
- Her stake in Padmanabh Alloys & Polymers rose from 2.42% to 2.87%
- Transaction completed on September 18, 2026, disclosed to BSE on September 21, 2026
*this image is generated using AI for illustrative purposes only.
Padmanabh Alloys & Polymers Limited saw a minor stake increase by a promoter group member on September 18, 2026. Monaben Chetanbhai Desai acquired 24,800 equity shares, representing 0.45% of the company's total share capital.
The acquisition was executed through an off-market transaction. Following this purchase, her total holding in the company rose from 2.42% to 2.87%. The disclosure was filed with the BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Transaction Details
The acquirer, identified as belonging to the Promoter/Promoter Group, increased her voting rights through the purchase of equity shares carrying voting rights. No encumbrances such as pledges or liens were reported in connection with these shares.
| Metric | Before Acquisition | Acquisition | After Acquisition |
|---|---|---|---|
| Shares Held | 131,100 | 24,800 | 155,900 |
| Percentage Holding | 2.42% | 0.45% | 2.87% |
| Encumbrance | NIL | NIL | NIL |
Capital Structure Context
The total equity share capital of Padmanabh Alloys & Polymers remained unchanged at 54,13,300 equity shares with a face value of ₹10 each. The transaction did not involve any convertible securities, warrants, or instruments that would dilute the existing shareholding pattern further.
The date of intimation for the acquisition was September 21, 2026, with the actual transaction date recorded as September 18, 2026. The listing exchange for the target company is the BSE Limited.
Historical Stock Returns for Padmanabh Alloys & Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.14% | +12.00% | +56.64% | +18.52% | +15.17% | -50.22% |
How will the increased promoter holding influence Padmanabh Alloys & Polymers' future capital allocation and dividend policies?
Does this off-market accumulation signal an intent by the promoter group to consolidate control or prepare for a potential delisting?
What impact might this stake increase have on the company's float availability and subsequent trading liquidity on the BSE?
19
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
