PG Foils Limited: Promoter Group Entity Acquires Additional 1.69% Stake Through Open Market Purchase

PG Foils Limited has announced a substantial acquisition of shares by its promoter group entity, with Foils India Laminates Private Limited purchasing additional equity shares through open market transactions. The acquisition, completed on March 25, 2026, represents a strategic increase in the promoter group's stake in the aluminum foil manufacturing company.

Acquisition Details

The transaction involved the purchase of 2,00,000 equity shares with a face value of ₹10 each, representing 1.69% of the company's total share capital. The acquisition was executed through open market purchases, demonstrating the promoter group's confidence in the company's prospects.

Parameter:	Details
Acquiring Entity:	Foils India Laminates Private Limited
Shares Acquired:	2,00,000
Acquisition Percentage:	1.69%
Mode of Acquisition:	Open Market
Transaction Date:	March 25, 2026
Face Value per Share:	₹10

Shareholding Pattern Changes

The acquisition has resulted in a significant change in the promoter group's shareholding pattern. Prior to this transaction, Foils India Laminates Private Limited held 14,01,639 shares, representing 11.88% of the total voting capital.

Shareholding Details:	Before Acquisition	After Acquisition	Change
Number of Shares:	14,01,639	16,01,639	+2,00,000
Percentage Holding:	11.88%	13.57%	+1.69%
Total Voting Capital:	14,01,639	16,01,639	+2,00,000

Regulatory Compliance and Disclosure

PG Foils Limited has fulfilled its regulatory obligations by filing comprehensive disclosures under SEBI regulations. The company submitted detailed intimations under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, providing complete transparency regarding the transaction.

The regulatory filing includes detailed breakdowns of shareholding patterns before and after the acquisition, confirming that no encumbrances, voting rights other than equity shares, or convertible securities were involved in the transaction. The disclosure also confirms that no warrants or other instruments entitling the acquirer to receive additional voting rights were part of this acquisition.

Corporate Structure and Authorization

Foils India Laminates Private Limited is confirmed as a promoter group entity of PG Foils Limited. The acquisition was authorized by Pushpendra Kumar Mewara, Director (DIN: 07108625), who signed the disclosure documents on behalf of the acquiring entity from Pipalia Kalan, Beawar.

The shares of PG Foils Limited are listed on BSE Limited, where all regulatory filings have been submitted to ensure compliance with market regulations and transparency requirements. The transaction strengthens the promoter group's position in the company while maintaining full compliance with all applicable securities regulations and disclosure requirements.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.60%	-0.39%	-1.69%	+9.39%	-35.88%	+165.62%

PG Foils Limited has filed comprehensive regulatory disclosures following a significant share acquisition by its promoter group entity. The company submitted intimations under multiple SEBI regulations on March 24, 2026, confirming compliance with insider trading and substantial acquisition disclosure requirements.

Transaction Overview

Pipalia Cables and Wires Private Limited, a promoter group entity, acquired 2,00,000 equity shares of PG Foils Limited through open market transactions on March 24, 2026. The acquisition was conducted through BSE Limited with a total transaction value of ₹4,28,72,542.

Transaction Details	Specifications
Acquiring Entity	Pipalia Cables and Wires Private Limited
Category	Promoter Group
Shares Acquired	2,00,000
Transaction Value	₹4,28,72,542
Mode of Acquisition	Open Market
Exchange	BSE Limited
Transaction Date	March 24, 2026
Face Value per Share	₹10.00

Shareholding Pattern Changes

The acquisition resulted in a notable increase in the promoter group's shareholding percentage. Pipalia Cables and Wires Private Limited's stake in PG Foils Limited increased from 13.50% to 15.19% following this transaction.

Shareholding Position	Number of Shares	Percentage
Before Acquisition	15,91,999	13.50%
Shares Acquired	2,00,000	1.69%
After Acquisition	17,91,999	15.19%

Regulatory Compliance and Documentation

PG Foils Limited filed comprehensive disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 and Regulation 29 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's Managing Director, Pankaj P Shah, signed the regulatory intimation letter to BSE Limited.

The acquiring entity, Pipalia Cables and Wires Private Limited, is incorporated under CIN U31300GJ1989PTC013172 with PAN AAACP9156B. The transaction was authorized by Pushpendra Kumar Mewara, Director with DIN 07108625, who signed the disclosure documents on behalf of the promoter group entity.

Corporate Information

Pipalia Cables and Wires Private Limited operates from 6 Neptune Tower, Ashram Road, Ahmedabad, Gujarat 380009. The entity confirmed its promoter group status in the regulatory filings and disclosed that no derivative trading was involved in this transaction. All securities acquired were equity shares with voting rights, and no encumbrances, warrants, or convertible securities were part of this acquisition.