Patel Integrated Logistics Completes Extinguishment of 54 Lakh Equity Shares Following Share Buyback
Patel Integrated Logistics Limited has successfully extinguished 54,00,000 fully paid up equity shares following a completed buyback offer. The action marks a significant change in the company's share capital structure.The buyback process was conducted after a tendering period that ran from July 6, 2026, to July 10, 2026. Upon the completion of this process and the extinguishment of shares, the company’s equity structure reflects material changes in its capital base.
Details regarding the affected equity share capital are presented below:
| Particulars | Number of Equity Shares (₹10/- each) | Equity Share Capital (in ₹) |
|---|---|---|
| Paid up equity share capital prior to Buyback | 6,95,85,746 | 69,58,57,460 |
| Less: Total Equity Shares Extinguished | 54,00,000 | 5,40,00,000 |
| Paid up share capital post Buyback | 6,41,85,746 | 64,18,57,460 |
The buyback and subsequent extinguishment were conducted in compliance with relevant regulations governing the process.
Post-Buyback Shareholding Pattern Revealed
The completion of the equity share extinguishment has resulted in a revised shareholding pattern for Patel Integrated Logistics Limited. The data highlights the distribution of shares both before and after the buyback transaction.| Category of Shareholder | Pre Buyback (No. Of Equity Shares) | Pre Buyback (% To Existing Equity Share Capital) | Post Buyback (No. Of Equity Shares) | Post Buyback (% To Post Buy Back Equity Share Capital) |
|---|---|---|---|---|
| Promoter & Promoter Group | 2,51,55,310 | 36.15 | 2,24,68,156 | 35.00 |
| Foreign Investors (including Non-Resident Indians/Fiis/Foreign Nationals/Foreign Corporate Bodies) | 9,13,544 | 1.31 | 4,17,17,590 | 65.00 |
| Financial Institutions/ Banks/ Mutual Funds/ Insurance/ Government Companies | - | - | 4,17,17,590 | 65.00 |
| Others (Individuals, Bodies Corporate, Employees, Etc.) | 4,35,16,892 | 62.54 | 4,17,17,590 | 65.00 |
| Total | 6,95,85,746 | 100.00 | 6,41,85,746 | 100.00 |
PATINTLOG Stock Price Movement
Patel Integrated Logistics Limited shares are shedding in live trading, slipping by 2.87% as of 2:47 PM, with the stock currently priced at ₹13.86. The equity traded 73,921 shares during the session, reflecting the movement from a previous close near ₹14.27.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.
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