Hemal Rajeshbhai Desai Acquires 190 Equity Shares in Padmanabh Alloys & Polymers Limited

1 min read     Updated on 02 Mar 2026, 10:29 AM
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Overview

Hemal Rajeshbhai Desai, a promoter of Padmanabh Alloys & Polymers Limited, acquired 190 equity shares through open market purchase on 27/02/2026. This transaction increased his shareholding from 70,200 shares (1.296%) to 70,390 shares (1.30%). The disclosure was made in compliance with SEBI regulations, and the company's total equity share capital remains at 54,13,300 shares with a face value of Rs. 10 each.

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Hemal Rajeshbhai Desai, a promoter of Padmanabh Alloys & Polymers Limited , has disclosed the acquisition of 190 equity shares of the company through open market purchase. The disclosure was made on 27/02/2026 in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Transaction Details

The acquisition represents a minor increase in Desai's shareholding in the company. The shares were purchased through open market transactions on 27/02/2026.

Transaction Parameter: Details
Shares Acquired: 190 equity shares
Acquisition Mode: Open Market
Transaction Date: 27/02/2026
Acquirer Status: Promoter

Shareholding Pattern Changes

The acquisition resulted in a marginal change in Desai's overall shareholding percentage in Padmanabh Alloys & Polymers Limited.

Shareholding Details: Before Acquisition After Acquisition Change
Number of Shares: 70,200 70,390 +190
Percentage Holding: 1.296% 1.30% +0.004%
Voting Rights: 1.296% 1.30% +0.004%

Company Share Capital

The company's total equity share capital structure remained unchanged following this transaction. Padmanabh Alloys & Polymers Limited maintains its total issued and paid-up equity share capital at 54,13,300 equity shares, each with a face value of Rs. 10.

Regulatory Compliance

The disclosure was submitted to BSE Limited and the company in accordance with SEBI regulations governing substantial acquisition of shares and takeovers. Desai confirmed that he belongs to the promoter group of the company and has no encumbrances on his shareholding.

The acquisition represents a routine promoter transaction with minimal impact on the overall shareholding structure of the company. No convertible securities, warrants, or other instruments were involved in this transaction.

Historical Stock Returns for Padmanabh Alloys & Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
-3.23%0.0%+11.11%-21.05%-33.16%-66.67%
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Hemal Desai Continues Share Accumulation with Additional 249 Shares in Padmanabh Alloys

2 min read     Updated on 21 Feb 2026, 12:33 PM
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Reviewed by
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Overview

Promoter Hemal Rajeshbhai Desai has disclosed acquisition of 249 equity shares in Padmanabh Alloys & Polymers Limited through open market transaction on February 26, 2026. This latest purchase increases his shareholding from 69951 to 70200 shares, representing a marginal increase from 1.29% to 1.30%. Combined with his previous acquisition of 7205 shares on February 19, 2026, Desai has accumulated a total of 7454 shares, demonstrating sustained confidence in the company's prospects and strategic accumulation of his promoter stake.

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

Padmanabh Alloys & Polymers Limited promoter Hemal Rajeshbhai Desai has disclosed another acquisition of equity shares in the company, this time purchasing 249 shares through open market transaction on February 26, 2026. This latest acquisition follows his previous purchase of 7205 shares on February 19, 2026, demonstrating continued confidence in the company's prospects.

Latest Transaction Details

The recent share acquisition was executed through open market purchase and disclosed to BSE Limited and the company in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents Desai's ongoing strategy to increase his stake in the company.

Parameter Details
Shares Acquired 249 equity shares
Transaction Date February 26, 2026
Mode of Acquisition Open Market
Acquirer Status Promoter
Disclosure Date February 26, 2026

Progressive Shareholding Changes

Desai's shareholding pattern shows a steady increase through multiple acquisitions. His total shareholding has now increased from 69951 shares to 70200 shares, representing a marginal but consistent growth in his ownership percentage.

Shareholding Details Before Latest Acquisition After Latest Acquisition Change
Number of Shares 69951 70200 +249
Percentage Holding 1.29% 1.30% +0.004%
Voting Rights 1.29% 1.30% +0.004%

Cumulative Acquisition Impact

Considering both recent transactions, Desai's total shareholding has increased significantly from his initial position of 62746 shares to the current 70200 shares. This represents a total acquisition of 7454 shares across the two disclosed transactions.

Overall Changes Initial Position Current Position Total Change
Total Shares 62746 70200 +7454
Percentage Holding 1.15% 1.30% +0.15%
Value of Acquisitions 7205 + 249 shares Combined transactions Strategic accumulation

Company Structure and Compliance

Padmanabh Alloys & Polymers Limited maintains its equity structure with 54,13,300 equity shares of face value Rs. 10 each. The company remains listed on BSE Limited, and all transactions comply with regulatory disclosure requirements.

Company Information Details
Total Equity Shares 54,13,300
Face Value per Share Rs. 10
Listing Exchange BSE Limited
Company Address N.H.8, Palsana, Dt. Surat 394315

The acquirer has confirmed no holdings in encumbered shares, warrants, convertible securities, or any other instruments that would entitle him to additional voting rights. All disclosed figures are calculated with respect to the total diluted voting capital of the company as per SEBI regulations.

Historical Stock Returns for Padmanabh Alloys & Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
-3.23%0.0%+11.11%-21.05%-33.16%-66.67%
Padmanabh Alloys & Polymers
View Company Insights
View All News
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1 Year Returns:-33.16%