Patel Integrated Logistics files SEBI 29(2) disclosure for 20,000 share purchase by promoter

What Patel Integrated Logistics announced

On 15 June 2026 Patel Integrated Logistics Ltd. (BSE: 526381, NSE: PATINTLOG) filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing informs that Mr. Asgar Shakoor Patel, a promoter of the company, acquired 20,000 equity shares of the target company.

Details of the acquisition

The acquisition is recorded as follows:

• Acquirer: Mr. Asgar Shakoor Patel
• Number of shares acquired: 20,000
• Percentage of total share capital: 0.029 %
• Percentage of diluted share capital: 0.029 %
• Instrument: Ordinary equity shares; no warrants, convertible securities, or encumbrances were involved.

The filing does not disclose the purchase price or any financing arrangement; it solely reports the share count and the resulting change in shareholding.

Shareholding before and after the transaction

The regulator‑mandated table in the filing lists the promoter group’s holdings before the acquisition:

• Mr. Asgar Patel: 58,36,806 shares (8.39 % of voting capital)
• Mrs. Natasha Pillai: 17,07,988 shares (2.45 %)
• Patel Holdings Ltd: 93,06,777 shares (13.37 %)
• A.S. Patel Trust: 39,21,185 shares (5.64 %)
• Other entities (Wall Street Securities, Wall Street Derivatives, Arhaan Numaire Trust, etc.) collectively hold the remainder, bringing the total promoter‑group voting stake to 36.12 % of the company’s equity.

After the 20,000‑share purchase, Mr. Asgar Patel’s holding rises to 58,56,806 shares (8.42 % of voting capital), a marginal increase that does not materially alter the overall promoter control.

Key facts at a glance

Why this matters for investors

The filing satisfies SEBI’s requirement for transparency when a promoter or related party acquires additional shares. Although the number of shares bought is small relative to the company’s total capital, the disclosure confirms that the promoter group continues to hold a substantial portion of voting rights (over one‑third). The transaction does not dilute existing shareholders, as no new shares were issued; it merely reallocates existing equity among promoter‑related parties. Investors can note that the promoter’s stake increased only marginally, indicating no aggressive share‑buy‑back strategy at this time.

Conclusion

Patel Integrated Logistics has complied with SEBI’s Regulation 29(2) by reporting a modest 20,000‑share purchase by promoter Asgar Patel on 15 June 2026. The acquisition raises the promoter’s direct holding by a fraction of a percent and leaves the overall promoter‑group control unchanged at roughly 36 % of voting rights. No further action or shareholder approval is required for this disclosure, and the filing completes the statutory reporting obligation.