Patspin India promoter Ankur Patodia sells entire 400-share stake

1 min read     Updated on 20 Aug 2026, 01:40 PM
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AI Summary

Ankur Patodia, a promoter of Patspin India Limited, sold his entire stake of 400 equity shares in an open market transaction on August 18, 2026. The deal was valued at ₹2,575.74, with shares sold at ₹6.49 each. Following the transaction, Patodia’s holding in the company stands at nil. The disclosure was made voluntarily to comply with regulatory transparency norms, despite the transaction size being below the mandatory reporting threshold under SEBI regulations.

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Patspin India disclosed that promoter Ankur Patodia has exited his stake in the company by selling his entire holding of 400 equity shares through an open market transaction on August 18, 2026. The sale reduces his shareholding to nil, marking a complete divestment of his promoter category interest.

The transaction was executed at a price of ₹6.49 per share, generating a total sale consideration of ₹2,575.74. Prior to this transaction, Patodia held 400 equity shares, representing 0.001% of the company’s total issued and paid-up equity capital.

Transaction Details

Particulars Details
Name of Promoter Ankur Patodia
Nature of Transaction Sale
Mode of Transaction Open Market Sale
Date of Transaction August 18, 2026
Shares Sold 400
Sale Price per Share ₹6.49
Total Consideration ₹2,575.74
Post-Transaction Holding Nil

The company stated that while the transaction did not trigger the threshold under Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the intimation was submitted to the stock exchange voluntarily as a measure of abundant caution.

Patodia confirmed that the sale occurred during an open trading window and in accordance with the SEBI PIT Regulations and the company’s Code of Conduct for Prevention of Insider Trading. He further confirmed that no other purchase or sale transactions of the company’s securities were undertaken during the relevant calendar quarter or financial year.

Historical Stock Returns for Patspin

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%-5.87%-5.74%-16.43%-41.03%-18.55%

What strategic reasons might have prompted Ankur Patodia to completely exit his promoter stake in Patspin India?

How will this complete divestment by a promoter affect market sentiment and the stock's liquidity in the near term?

Are there indications of broader promoter group restructuring or potential changes in corporate governance following this exit?

Patspin India Q1FY27 Results: Standalone figures approved by Board

1 min read     Updated on 11 Aug 2026, 11:28 AM
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AI Summary

Patspin India Limited approved its Q1FY27 standalone results on August 10, 2026. The unaudited figures were published in Business Line and Deepika on August 11, 2026, and are accessible via the company website and BSE portal.

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Patspin India Limited announced the approval of its unaudited standalone financial results for the first quarter ended June 30, 2026, following a Board of Directors meeting held on August 10, 2026. The results were subsequently published in Business Line and Deepika newspapers on August 11, 2026, as part of the company’s regulatory disclosure obligations to the BSE Limited.

The Board approved the financial statements based on the recommendations of the Audit Committee. The unaudited standalone results are available for public access on the company’s website at www.patspin.com and the Stock Exchange website at www.bseindia.com . Additionally, investors can access the results by scanning the quick response code provided in the newspaper publication.

Key Details

Parameter Details
Company Patspin India Limited
Quarter Q1FY27 (Ended June 30, 2026)
Board Meeting Date August 10, 2026
Publication Date August 11, 2026
Newspapers Business Line, Deepika
Chairman & MD Umang Patodia

Umang Patodia, Chairman and Managing Director, signed the declaration on behalf of the Board of Directors. The company’s registered office is located at 3rd Floor, Palal Towers, Ravipuram, MG Road, Kochi - 682 016, Kerala.

Regulatory Compliance

Patspin India Limited submitted the statement of results to BSE Limited with reference number PILC/2026-27. Veena Vishwanath Bhandary, Company Secretary, digitally signed the communication dated August 11, 2026. The filing confirms compliance with exchange guidelines regarding the timely publication of quarterly financial outcomes.

What the Numbers Show

The filing primarily serves as a procedural notification of result availability rather than a detailed breakdown of financial metrics such as revenue or net profit in the text itself. Investors are directed to the digital platforms for granular data analysis. The reliance on QR codes and web links highlights the shift towards digital-first disclosure mechanisms for standalone financial statements.

Historical Stock Returns for Patspin

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%-5.87%-5.74%-16.43%-41.03%-18.55%

How do Patspin India's Q1FY27 revenue and net profit figures compare to analyst expectations and the same period in the previous fiscal year?

What specific operational strategies or market expansions are driving the company's performance in the current quarter?

Are there any significant changes in Patspin India's debt levels or cash flow position that investors should monitor for future quarters?

More News on Patspin

1 Year Returns:-41.03%