Promoter Sells Equity in Poojawestern Metaliks Ltd; Stake Reduced Following Two-Day Transaction
Poojawestern Metaliks Limited witnessed a sale of equity shares by promoter Sunil Devram Panchmatiya and associated persons acting in concert (PAC) over two consecutive days, resulting in a reduction of the seller's holding. The transactions took place against the backdrop of the company's capital structure.The sales were executed through open market transactions on June 9, 2026, and June 10, 2026. Promoter Sunil Devram Panchmatiya sold shares worth Rs. 10/- each.
Key transaction details are as follows:
| Date of Transaction | Name of Person | Category | No of Shares Sold | %f Change |
|---|---|---|---|---|
| June 09, 2026 | Sunil Devram Panchmatiya | Promoter | 30,000 | 0.30% |
| June 10, 2026 | Sunil Devram Panchmatiya | Promoter | 40,000 | 0.39% |
| TOTAL | 70,000 | 0.69% |
The sale reflects a proportional reduction in the holding of Mr. Panchmatiya and his associates against the company's total share capital. Prior to the disposal, Sunil Devram Panchmatiya held 1,822,141 shares, representing 17.97% of the voting rights.
Following the sale of shares totaling 70,000, Mr. Panchmatiya's holding was recorded at 1,752,141 shares, marking a change to 17.28%.
Share Capital Structure Before and After Sale
The transaction involved a slight shift in the total equity share capital of Poojawestern Metaliks Ltd. The company had reported an Equity Share Capital / Total Voting Capital of 10,142,000 shares of Rs. 10/- each before the sale. Following the transactions, the figure for the Equity Share Capital/Total Voting Capital was recorded at 10,140,000 shares of Rs. 10/- each.
The total diluted share / voting capital after the sale remained at 10,142,000 shares of Rs. 10/- each.
Stock Price Movement
As of 11:21, Poojawestern Metaliks Ltd shares are edging higher, currently standing at ₹15.84, which reflects a gain of 4.97%. The stock traded through an intraday range that spanned from a low of ₹15.09 up to its current high of ₹15.84.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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