Patel Engineering Limited has confirmed that its promoters and persons acting in concert have not created any encumbrance, directly or indirectly, on the company's shares during the financial year ended March 31, 2026. This disclosure, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensures compliance with transparency requirements regarding shareholding.

The declaration, submitted on behalf of all promoters and the promoter group, stated that no new encumbrances were established other than those already disclosed in the depositories under the System Driven Disclosure mechanism. The communication was addressed to the Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd. to formally record the information.

Regulatory Filing Details

The filing was signed by Janky Patel, a promoter of patel engineering , on April 6, 2026. The confirmation serves as a formal undertaking to the exchanges regarding the status of the promoter group's shareholding throughout the specified financial year.

Ryan Patel, a member of the promoter group, acquired 40,800 equity shares of Patel Engineering through transmission on May 25, 2026. The transfer follows the death of Mr. Pravin Patel, a relative of the promoters, who passed away on July 1, 2025. The shares represent 0.004% of the diluted share capital of the company.

The transaction was executed pursuant to the release of a pledge on the aforementioned shares. The transmission falls under the exemption provided by Regulation 10(1)(g) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Consequently, the shares will be dealt with in accordance with applicable succession laws.

Disclosures regarding the acquisition were submitted to the National Stock Exchange of India Limited and BSE Limited on May 28, 2026. The filing confirmed that no disclosure was required under Regulation 10(5) prior to the completion of the transaction.

Shareholding Details

The transfer altered the shareholding positions of both the acquirer and the deceased transferor. The following table outlines the changes in shareholding:

The acquisition was made at nil consideration, consistent with the nature of transmission via succession. Ryan Patel’s total holding in Patel Engineering Limited now stands at 2,80,700 equity shares.