Pranav Satishkumar Shah, part of the promoter group, has acquired an additional 18,500 equity shares in Sacheta Metals Ltd. This transaction represents a 0.02% stake increase in the company. The acquisition was made through open market purchases, bringing the promoter group’s total holding to 9.17% of the total diluted share capital. This disclosure is made in compliance with SEBI regulations for substantial acquisitions.
Promoter Group Strengthens Stake in Sacheta Metals
Pranav Satishkumar Shah, a key member of the promoter group, has increased his direct shareholding in SACHETA METALS LTD. The acquisition involved the purchase of 18,500 equity shares on the open market. This transaction, dated August 12, 2026, represents a marginal increase of 0.02% in the promoter group’s total shareholding in the company.
Details of the Acquisition
Prior to this acquisition, the promoter group held 9.15% of the total diluted share capital. Following the purchase of 18,500 shares, the total number of shares held by the promoter group now stands at 11,460,670, representing 9.17% of the total diluted share capital. The acquisition was executed through open market channels. The total equity share capital of Sacheta Metals Ltd remains ₹25,00,00,000/-, divided into 12,50,00,000 equity shares of ₹2/- each.
Regulatory Compliance
This disclosure is made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings confirm that the acquisition has been duly recorded by the company and provided to the stock exchange for compliance purposes.
Source: BSE
