Panafic Industrials Promoters Boost Stake via Rights Issue Acquisitions
Promoters of Panafic Industrials Limited have increased their holdings in the company's securities through a rights issue, as detailed in regulatory filings regarding changes in promoter group shareholding. The acquisitions span multiple promoters and were reported following the completion of the right issue process.The data reflects the shift in share ownership for several key individuals categorized as Promoters within the company. All transactions involving the acquisition of shares were executed via a Right Issue on the BSE Limited.
A consolidated view of the security changes by the various promoters is presented below:
| Promoter Name | Category | Securities Held Prior (Units & %) | Securities Acquired (Units) | Transaction Type | Mode of Acquisition | Securities Held Post (Units & %) |
|---|---|---|---|---|---|---|
| Sarita Gupta | Promoter/Director | 12,33,310 units (1.50%) | 1,500,000 | Purchase | Right Issue | 13,83,310 units (318%) |
| Anil Gupta | Promoter | 1,16,325 units (1.4%) | 32,00,000 | Purchase | Right Issue | 33,11,6325 units (8.52%) |
| Saroj Gupta | Promoter | 1,38,429 units (0.17%) | 75,00,000 | Purchase | Rights Issue | 76,38,429 units (0.17%) |
| Rajeev Kumar Gupta | Promoter | 3,23,230 units (0.39%) | 25,00,5000 | Purchase | Right Issue | 2,53,28,230 units (5.44%) |
The acquisitions were completed and intimated to the company on dates spanning May 26, 2026, through a specified date in 2028. The transactions represent significant additions of equity shares to the respective promoters' portfolios following the public offering process.
Stock Price Movement
Panafic Industrials Ltd shares settled at ₹0.98 today, edging higher by 3.16% from the previous close. The stock successfully navigated its intraday range, moving between a low of ₹0.91 and an intraday high of ₹0.98.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.