Patel Integrated Logistics Promoter Group Acquires Shares in Open Market Purchase
Patel Integrated Logistics Ltd. saw a change in promoter holding after Mr. Asgar Shakoor Patel acquired 66,000 equity shares of the company through an open market purchase on June 2, 2026. The acquisition is part of the holdings of Mr. Asgar Shakoor Patel and the associated Promoter Group.The transaction details indicate that the acquisition was completed via open market purchase. Following the purchase, the promoter group's combined holding increased, bringing their total stake to 36.09% of the company’s diluted share/voting capital.
Mr. Asgar Shakoor Patel is identified as a key member of the Promoter and Promoter Group, which includes Mrs. Yasmin Patel, Mrs. Natasha Pillai, Patel Holdings Ltd, A.S. Patel Trust, Wall Street Securities & Investments (India) Ltd, and other entities.
Shareholding Transition Details
Prior to the acquisition, Mr. Asgar Patel held 57,48,806 shares, representing an 8.27% stake. The collective holding of the acquirer and Persons Acting in Concert (PAC) prior to the transaction was 2,50,47,380 equity shares, which accounted for 35.99% of the total voting capital.Following the open market purchase of 66,000 equity shares by Mr. Asgar Shakoor Patel, his individual holding increased to 58,14,806 shares (8.36%). The overall combined holding of the promoter group increased to 2,50,47,310 equity shares, registering a final stake of 36.09% of the diluted share/voting capital.
The pre- and post-acquisition details of the holdings are summarized in the table below:
| Stakeholder | Pre-Acquisition Holding (Shares) | Pre-Acquisition % of Voting Capital | Post-Acquisition Holding (Shares) | Post-Acquisition % of Voting Capital |
|---|---|---|---|---|
| Mr. Asgar Patel | 57,48,806 | 8.27% | 58,14,806 | 8.36% |
| Mrs. Natasha Pillai | 17,07,988 | 2.46% | 17,08,988 | 2.46% |
| Patel Holdings Ltd | 93,06,777 | 13.37% | 93,06,777 | 13.37% |
| A.S. Patel Trust | 39,21,185 | 5.64% | 39,21,185 | 5.64% |
| Arhaan Numaire Family Beneficiaries Trust | 18,82,621 | 2.70% | 18,82,621 | 2.70% |
| Natasha Nishqa Tanisha Family Beneficiaries Trust | 15,85,437 | 2.28% | 15,85,437 | 2.28% |
The company's total equity share capital as of the transaction remains 6,95,85,746 Equity Shares of Rs. 10/- each aggregating to Rs. 69,58,57,460/-.
PATINTLOG Stock Price Movement
Currently, Patel Integrated Logistics Limited's stock is edging higher as of 11:25 AM, gaining 0.88% in live trading after a rise of ₹0.12 to reach ₹13.70. The equity tracks within the current session's range, having touched an intraday low of ₹13.56 and climbing up to ₹13.79 so far today.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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