Padmanabh alloys & polymers Limited has received a formal disclosure from promoter Hemal Rajeshbhai Desai regarding his acquisition of 277 equity shares in the company. The disclosure was filed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Formal Disclosure Filing

The acquirer submitted the disclosure through a formal letter dated 10/03/2026 to both BSE Limited and Padmanabh Alloys & Polymers Limited. The communication was sent from his registered address at B-10, Shree Darshan Society, Behind Jamna Nagar Bus Stand, Ghod Dod Road, Surat 395001.

Acquisition Details and Shareholding Changes

The share acquisition represents a marginal increase in the promoter's shareholding in the company. According to the SEBI disclosure format, Hemal Rajeshbhai Desai's total holding has increased from 70,783 shares to 71,060 shares.

Company Capital Structure

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

Regulatory Compliance Status

The disclosure demonstrates full adherence to SEBI regulations governing substantial acquisitions of shares and takeovers. The formal filing confirms that the acquirer holds no encumbered shares, voting rights other than equity shares, or convertible securities in the company. As a promoter, Hemal Rajeshbhai Desai is required to disclose any changes in his shareholding pattern to maintain market transparency and regulatory compliance.

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.

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.

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.