Panafic Industrials Limited filed multiple disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 regarding acquisition of shares by promoters through a rights issue.
Key Quantitative Figures
- Total shares acquired by promoters: 4,10,00,000 shares
- Equity share capital before acquisition: 8,21,25,000 equity shares of face value Rs 1/- each aggregating Rs 8,21,25,000/-
- Equity share capital after acquisition: 49,27,50,000 equity shares of face value Rs 1/- each aggregating Rs 49,27,50,000/-
- Total diluted share/voting capital after acquisition: 49,27,50,000 equity shares
Individual Promoter Acquisitions
1. Anil Gupta
- Previous holding: 1,16,325 shares (0.14% of total capital)
- Acquired: 3,20,00,000 shares
- Post-acquisition holding: 3,21,16,325 shares (6.52% of total capital)
- PAN: AAIPG1433B
2. Sarita Gupta
- Previous holding: 12,33,310 shares
- Acquired: 1,45,00,000 shares
- Post-acquisition holding: 1,57,33,310 shares
- DIN: 00113099
3. Rajeev Kumar Gupta
- Previous holding: 3,23,230 shares (0.39% of total capital)
- Acquired: 2,50,05,000 shares
- Post-acquisition holding: 2,53,28,230 shares (5.14% of total capital)
- PAN: AFCPG5006P
4. Saroj Gupta
- Previous holding: 1,38,429 shares (0.17% of total capital)
- Acquired: 75,00,000 shares
- Post-acquisition holding: 76,38,429 shares (1.55% of total capital)
- PAN: AFCPGS5004R
Dates and Transaction Details
- Date of acquisition/intimation: 26th May, 2026
- Mode of acquisition: Right Issue
- No encumbrances, pledges, liens, or non-disposal undertakings reported for any shares
- No warrants, convertible securities, or other instruments entitling to receive shares carrying voting rights
Capital Structure Impact
The rights issue resulted in a significant expansion of the company's equity capital from approximately 8.21 crore shares to 49.28 crore shares, representing a six-fold increase in the share capital base.
Signatories and Contact Information
- Company Registered Office: 23, First Floor, North West Avenue, Club Road West Punjabi Bagh, New Delhi-110026