Non-promoter investor group discloses 5.70% holding after small open-market purchase
Ketan Ratilal Patel and PACs disclosed a SAST update.
- Shares Acquired
- 410 equity shares
- Holding Before
- 26,15,251 shares (5.70%)
- Holding After
- 26,15,661 shares (5.70%)
- Total Share Capital
- 4,58,66,979 shares
- Acquisition Mode
- Open Market
What was shared
A disclosure under Regulation 29(1) and 29(2) of the SEBI (SAST) Regulations, 2011 was made by Ketan Ratilal Patel along with persons acting in concert, Krishna Ketan Patel and Ratilal Khimjibhai Patel. The acquirers do not belong to the promoter or promoter group.
The numbers
- Shares acquired: 410 equity shares, shown as 0.00% of capital
- Mode: Open Market
- Holding before: 26,15,251 shares, 5.70%
- Holding after: 26,15,661 shares, 5.70%
- Equity share capital of the company before and after: 4,58,66,979 shares
How to read it
Such disclosures are required when a shareholder crosses or changes a stake beyond specified thresholds. Here the acquisition is very small and the group's percentage stake remains at 5.70%, so there is no change in control or in the company's capital. The securities acquired are equity shares carrying voting rights.
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More numbers
- Shares acquired410
- Holding before acquisition (shares)26,15,251
- Holding before acquisition (%)5.70%
- Holding after acquisition (shares)26,15,661
- Holding after acquisition (%)5.70%
- Equity share capital after acquisition4,58,66,979
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