Patidar Buildcon: Rajnikantbhai Patel Disposes 1 Lakh Shares in Off-Market Deal

Patidar Buildcon has witnessed another significant change in its promoter shareholding structure. According to the latest disclosure made to the BSE under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, Rajnikantbhai Ramjibhai Patel and persons acting in concert have disposed of their shares in the company through an off-market transaction.

Latest Transaction Details

The recent share disposal involves Rajnikantbhai Ramjibhai Patel as the primary seller, along with persons acting in concert including Ramjibhai Bhimjibhai Patel and Bhavnaben Dhirajlal Patel. The transaction was formally disclosed through a regulatory filing submitted to BSE Limited.

Transaction Parameter:	Details
Transaction Type:	Off-market disposal
Date of Transaction:	December 24, 2025
Disclosure Date:	December 25, 2025
Shares Disposed:	1,00,000 equity shares
Primary Seller:	Rajnikantbhai Ramjibhai Patel
Transaction Value:	₹1.82 per share

Shareholding Pattern Changes

The disposal represents a reduction in the promoter group's stake in the company. Prior to this transaction, Rajnikantbhai Patel and persons acting in concert held 10,54,000 shares, representing 19.16% of the total share capital.

Shareholding Details:	Before Transaction	After Transaction
Total Shares Held:	10,54,000 shares	9,54,000 shares
Percentage Holding:	19.16%	17.35%
Voting Rights:	19.16%	17.35%

Previous Shareholding Changes

This follows an earlier transaction where Ramjibhai Bhimjibhai Patel and persons acting in concert had disposed of their shares in the company. The previous disposal was also executed through an off-market transaction, indicating continued reshuffling within the promoter group.

Previous Transaction:	Details
Date:	November 26, 2025
Seller:	Ramjibhai Bhimjibhai Patel
Transaction Mode:	Off-market disposal
Disclosure Date:	November 27, 2025

Company Profile

Company Information:	Details
Company Name:	Patidar Buildcon Limited
ISIN:	INE637N01014
BSE Scrip Code:	524031
Total Equity Shares:	55,00,570 shares
Face Value per Share:	₹10.00
Total Equity Capital:	₹5.50 crores
Sector:	Realty
Market Cap:	₹3.94 crores

Both transactions represent strategic moves within the promoter group, with the disposals being executed privately rather than through open market sales. The company's equity structure remains unchanged at 55,00,570 shares with a face value of ₹10.00 each. These transactions indicate ongoing changes in the promoter shareholding pattern, which may impact the company's ownership structure and future strategic decisions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.95%	+14.04%	-5.03%	+10.84%	-16.68%	+1,043.42%

Patidar Buildcon Limited , a company listed on the Bombay Stock Exchange (BSE: 524031), has reported its financial results for the first quarter, along with several significant corporate decisions taken at its recent board meeting.

Financial Performance

The company's unaudited financial results for Q1 reveal:

Particulars (in Rs. lakhs)	Q1 FY2026	Q1 FY2025	% Change
Revenue from Operations	13.07	4.13	+216.5%
Total Income	17.86	12.02	+48.6%
Total Expenses	22.63	16.24	+39.3%
Net Loss	-4.77	-2.39	-99.6%
Earnings Per Share (Rs.)	-0.09	-0.04	-125.0%

Patidar Buildcon reported a wider net loss of Rs 4.77 lakh for the quarter, compared to a loss of Rs 2.39 lakh in the same period last year. Despite a significant increase in revenue from operations, which rose to Rs 13.07 lakh from Rs 4.13 lakh year-over-year, the company's total expenses also increased to Rs 22.63 lakh from Rs 16.24 lakh.

The company's earnings per share stood at negative Rs 0.09, down from negative Rs 0.04 in the corresponding quarter of the previous year.

Board Meeting Outcomes

At its meeting held on August 11, 2025, the Board of Directors of Patidar Buildcon Limited approved several important matters:

Financial Results: The board approved the unaudited financial results for Q1 FY2026, accompanied by a Limited Review Report from the statutory auditor.
Memorandum of Association (MOA): The board adopted an amended MOA to align with the Companies Act, 2013, subject to shareholder approval. This includes revisions to the object clause and liability clause.
Articles of Association (AOA): A new set of AOA was adopted to comply with the Companies Act, 2013, replacing the existing AOA based on the Companies Act, 1956.
Object Clause Alteration: The board approved the addition of a sub-clause to the existing Object Clause of the MOA, subject to shareholder approval at the upcoming annual general meeting.
Related Party Transactions: Approval was granted for material related party transactions under Section 188 of the Companies Act, 2013, and Regulation 23 of SEBI (LODR) Regulations, 2015, subject to shareholder approval.
Investment Limit Increase: The board approved a proposal to increase the limit for making investments, loans, guarantees, and advances to Rs. 10 crores, exceeding the limits specified under Section 186 of the Companies Act, 2013. This is also subject to shareholder approval.
Annual General Meeting Preparations: The board approved the draft notice for the Annual General Meeting, Director's Report, and Secretarial Audit Report for the financial year 2024-25.

These corporate actions aim to modernize the company's governing documents, enhance operational flexibility, and ensure compliance with current regulatory requirements.

The board meeting commenced at 5:30 PM and concluded at 6:00 PM on August 11, 2025.

Investors and stakeholders should note that these changes, particularly those related to the MOA and AOA, are subject to shareholder approval at the upcoming Annual General Meeting. The amendments are expected to provide a more detailed description of the company's business activities and allow for greater flexibility in future business endeavors.