StockWatch
·
Packaging
Shareholding5 Jun 2026, 02:41 pm

Jayantibhai Patel Acquires 1.46 Lakh Promact Plastics Shares

AI Summary

Jayantibhai Somabhai Patel, along with Persons Acting in Concert (PACs), has acquired 1,46,101 equity shares of Promact Plastics Limited on June 3, 2026. This acquisition, made through open market purchase, increases Jayantibhai Somabhai Patel's direct holding to 9.42% and the total promoter group holding to 40.37%. The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Jayantibhai Patel acquired 1,46,101 shares of Promact Plastics.
  • Acquisition was made via open market purchase on June 3, 2026.
  • Promoter group's total holding increased to 40.37%.
  • Jayantibhai Patel's direct stake now stands at 9.42%.