Hemal Desai Continues Share Acquisitions in Padmanabh Alloys & Polymers
Promoter Hemal Rajeshbhai Desai has completed his third sequential share acquisition in Padmanabh Alloys & Polymers Limited, purchasing 271 equity shares through open market on 06/03/2026. This follows previous acquisitions of 190 and 122 shares, increasing his total shareholding to 70,783 shares representing 1.307% of the company.
*this image is generated using AI for illustrative purposes only.
Hemal Rajeshbhai Desai, a promoter of Padmanabh Alloys & Polymers Limited , has disclosed his third sequential acquisition of equity shares through open market purchase. Following his recent acquisitions of 190 shares and 122 shares, Desai has now acquired an additional 271 equity shares on 06/03/2026, demonstrating sustained confidence in the company.
Latest Transaction Details
The most recent acquisition was disclosed on 06/03/2026 in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This represents the third acquisition within a span of ten days, showing consistent promoter buying activity.
| Transaction Parameter: | Latest Acquisition | Second Acquisition | First Acquisition |
|---|---|---|---|
| Shares Acquired: | 271 equity shares | 122 equity shares | 190 equity shares |
| Acquisition Mode: | Open Market | Open Market | Open Market |
| Transaction Date: | 06/03/2026 | 02/03/2026 | 27/02/2026 |
| Acquirer Status: | Promoter | Promoter | Promoter |
Progressive Shareholding Changes
The sequential acquisitions have resulted in a gradual increase in Desai's overall shareholding percentage in Padmanabh Alloys & Polymers Limited over the recent period.
| Shareholding Timeline: | Before Acquisitions | After First Acquisition | After Second Acquisition | After Latest Acquisition |
|---|---|---|---|---|
| Number of Shares: | 70,200 | 70,390 | 70,512 | 70,783 |
| Percentage Holding: | 1.296% | 1.300% | 1.302% | 1.307% |
| Voting Rights: | 1.296% | 1.300% | 1.302% | 1.307% |
Company Share Capital Structure
The company's total equity share capital structure has remained stable throughout these transactions. 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 and Documentation
All three disclosures were submitted to BSE Limited and the company in accordance with SEBI regulations governing substantial acquisition of shares and takeovers. Desai confirmed his status as a member of the promoter group and reported no encumbrances on his shareholding in any of the transactions.
The acquisitions represent routine promoter transactions with minimal impact on the overall shareholding structure of the company. No convertible securities, warrants, or other instruments were involved in these transactions, with all purchases made through open market operations.
Historical Stock Returns for Padmanabh Alloys & Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.42% | +5.88% | +29.45% | -2.83% | -5.41% | -58.00% |
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