StockWatch
·
Non Banking Financial Company (NBFC)
Shareholding29 May 2026, 09:41 pm

Panafic Industrials: Promoters Increase Stake via Rights Issue

AI Summary

Anil Gupta, Sarita Gupta, Rajeev Gupta & Saroj Gupta increased their shareholding in Panafic Industrials Ltd through the rights issue. Anil Gupta's holding increased to 6.52% with 3,21,16,325 shares, while Sarita Gupta's holding rose to 3.19% with 1,57,33,310 shares. The acquisition was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Anil Gupta's stake in Panafic Industrials increased to 6.52% post-rights issue.
  • Sarita Gupta's holding in Panafic Industrials rose to 3.19% after the acquisition.
  • The acquisition was executed through a rights issue.
  • The acquisition is under SEBI (SAST) Regulations, 2011.
  • Panafic Industrials' equity share capital after acquisition is ₹49,27,50,000.