Key Quantitative Details

A table details the shareholding of nine promoter and promoter group entities pre and post the completion of an open offer:

Pre-Offer Shareholding:

  • Mr. Pankaj Goel: 236,520 shares (4.27%)
  • Mr. Paras Goel: 235,660 shares (4.25%)
  • Mrs. Kanchan Goel: 259,310 shares (4.68%)
  • Mrs. Nita Goel: 205,000 shares (3.70%)
  • Mrs. Prabha Bhagirathprasad Kedia: 209,228 shares (3.77%)
  • Mr. Aman Goel: 50,662 shares (0.91%)
  • Pankaj Capfin Private Limited: 657,617 shares (11.86%)
  • Pankaj Strips Private Limited: 1,005,730 shares (18.14%)
  • Pankaj Polytec Private Limited: 363,900 shares (6.56%)

Total Pre-Offer Promoter Holding: 3,223,627 shares (58.18%)

Post-Offer Shareholding: All nine entities hold 0 (zero) shares, representing 0.00% of the shareholding.

Parties Involved

Regulator: SEBI (Securities and Exchange Board of India)

Stock Exchange: BSE Limited

Promoters & Promoter Group Reclassified: Mr. Pankaj Goel, Mr. Paras Goel, Mrs. Kanchan Goel, Mrs. Nita Goel, Mrs. Prabha Bhagirathprasad Kedia, Mr. Aman Goel, Pankaj Capfin Private Limited, Pankaj Strips Private Limited, Pankaj Polytec Private Limited.

Company Signatory: Mayank Chawla, Additional Director (DIN: 06391962)

Confirmations from the Company

The company confirms to the exchange that:

1. The erstwhile promoters no longer exercise any control over the company.

2. The necessary request for reclassification was submitted by the erstwhile promoters to the company.

Enclosed Documents

The filing is supported by request letters from all promoter and promoter group entities, each dated 29.06.2026. The letters are addressed to the Board of Directors of Pankaj Polymers Limited and uniformly confirm the following:

1. Cessation of Control: Each entity confirms they no longer exercise control over Pankaj Polymers Limited and are not involved in any decision-making process, directly or indirectly.

2. Compliance with SEBI (LODR) Criteria: Each entity confirms they meet the criteria under Regulation 31A, specifically stating:

  • They do not hold more than 10% shareholding in the company.
  • They do not have any special rights, voting rights, or board representation.
  • They do not act as Key Managerial Personnel (KMP).
  • They are not associated with the company in any material way that influences management or policy decisions.

3. No Objection: All entities have no objection to the company updating records with the stock exchanges to reflect their new status as public shareholders.

Request to Exchange

Pankaj Polymers Limited requests BSE to take the disclosure on record and update the company's records accordingly.

Financial Impact

The disclosure confirms a complete exit of the entire promoter group, resulting in a 58.18% reduction in promoter holding. The financial impact of the open offer itself (e.g., consideration received) is not quantified in this disclosure.

#Tags: #PankajPolymers #SEBILODR #RegulatoryCompliance #OwnershipChange #Neutral