Dynemic Products Limited: Promoter Boosts Stake Through Preferential Allotment

1 min read     Updated on 30 Oct 2025, 08:08 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Ramesh Kumar Bhagwandas Patel, a promoter of Dynemic Products, has increased his stake in the company through a preferential allotment of 28,000 warrants/convertible securities on March 6, 2025. This transaction increased Patel's shareholding from 5.94% to 5.97% of the company's total equity share capital. The company's total equity share capital expanded from 12,028,387 to 12,428,387 shares as a result of this allotment.

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*this image is generated using AI for illustrative purposes only.

Dynemic Products , a company listed on both the Bombay Stock Exchange and National Stock Exchange, has seen a change in its promoter shareholding structure. Ramesh Kumar Bhagwandas Patel, a promoter of the company, has increased his stake through a preferential allotment of warrants/convertible securities.

Key Details of the Transaction

Aspect Details
Promoter Name Ramesh Kumar Bhagwandas Patel
Transaction Date March 6, 2025
Securities Acquired 28,000 warrants/convertible securities
Percentage of Share Capital 0.23%
Transaction Type Preferential Allotment

Impact on Shareholding

Metric Before Transaction After Transaction
Patel's Holding (Shares) 713,993 741,993
Patel's Holding (%) 5.94 5.97
Total Equity Share Capital 12,028,387 12,428,387

The preferential allotment has resulted in a marginal increase in Ramesh Kumar Bhagwandas Patel's stake in Dynemic Products. His shareholding has grown from 5.94% to 5.97% of the company's total equity share capital.

Expansion of Equity Share Capital

As a result of this transaction, Dynemic Products' equity share capital has expanded by 400,000 shares, increasing from 12,028,387 to 12,428,387 shares. This expansion represents a growth of approximately 3.33% in the company's total outstanding shares.

The preferential allotment of warrants or convertible securities to a promoter may signal confidence in the company's future prospects. However, investors should conduct their own research and consider multiple factors before making investment decisions based on such corporate actions.

Dynemic Products' presence on both the Bombay Stock Exchange and National Stock Exchange provides liquidity for its shares and ensures adherence to the regulatory standards of these major Indian stock exchanges.

Historical Stock Returns for Dynemic Products

1 Day5 Days1 Month6 Months1 Year5 Years
-0.50%-2.67%-11.88%+14.66%-24.35%+37.80%
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Dynemic Products Shareholders Approve Key Leadership Appointments

1 min read     Updated on 22 Sept 2025, 06:22 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Dynemic Products Limited held its 35th Annual General Meeting on September 22, 2025, approving several key appointments and re-appointments. Ms. Avani Patel was appointed as an Independent Director for a three-year term. Mr. Bhagwandas K. Patel and Mr. Rameshbhai B. Patel were re-appointed as Managing Director and Joint Managing Director respectively, each for five-year terms. The AGM also adopted audited financial statements, re-appointed Shri Dixitbhai B. Patel as a director, and ratified remuneration for Cost Auditors.

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*this image is generated using AI for illustrative purposes only.

Dynemic Products Limited, a company specializing in dye intermediates and food colors, has announced significant changes to its leadership at the 35th Annual General Meeting (AGM) held on September 22, 2025. Shareholders approved multiple key appointments and re-appointments, strengthening the company's board and executive team.

Key Appointments and Re-appointments

1. Ms. Avani Patel - Independent Director

  • Appointed for a three-year term
  • Effective Date: August 13, 2025
  • Director Identification Number (DIN): 07774901

2. Mr. Bhagwandas K. Patel - Re-appointed as Managing Director

  • Re-appointed for a five-year term
  • Effective Date: September 1, 2025
  • Age: 70
  • Qualifications: B.Com and Inter C.A.
  • Experience: 37 years in sales, marketing, operations, management, and finance
  • Role: Company founder

3. Mr. Rameshbhai B. Patel - Re-appointed as Joint Managing Director

  • Re-appointed for a five-year term
  • Effective Date: September 1, 2025
  • Age: 62
  • Qualifications: Bachelor of Science
  • Experience: Over 35 years in the color and chemical industry
  • Role: Oversees production and R&D at the company's Ankleshwar unit

Ms. Avani Patel's Professional Background

Ms. Patel brings over 12 years of extensive experience to Dynemic Products Limited. Her expertise spans several critical areas:

  • Corporate governance
  • Company Secretarial services
  • Trademark law
  • Valuation of securities and financial assets

Independence Criteria

The company has confirmed that Ms. Patel meets the independence criteria as stipulated under:

  • The Companies Act, 2013
  • SEBI Listing Regulations

Furthermore, it has been verified that Ms. Patel is not debarred from holding the office of a Director by virtue of any order passed by SEBI or any other such authority.

AGM Proceedings

Other key points from the 35th AGM include:

  • Adoption of audited financial statements for the year ended March 31, 2025
  • Re-appointment of Shri Dixitbhai B. Patel as a director
  • Ratification of remuneration for Cost Auditors for FY 2025-26

The AGM was conducted through video conferencing, ensuring wide participation of shareholders.

Dynemic Products Limited, with its registered office in Ahmedabad, Gujarat, continues to strengthen its corporate governance structure with these board-level changes. The company, known for its ISO 9001, ISO 14001, and FSSC 22000 certifications, operates multiple manufacturing units in Gujarat's GIDC estates.

Historical Stock Returns for Dynemic Products

1 Day5 Days1 Month6 Months1 Year5 Years
-0.50%-2.67%-11.88%+14.66%-24.35%+37.80%
Dynemic Products
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