BSEInsider Trading / SAST3d ago · 22 Sept 2026, 11:58 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Catalyst Trusteeship Ltd
Patel Engineering Ltd-$ · 531120
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Patel Engineering Ltd has disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, that Catalyst Trusteeship Ltd has released pledged equity shares of Patel Engineering Ltd and acquired NDU of 6,16,71,158 shares.
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Patel Engineering Ltd-$ - 531120 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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CTL/SAST/26-27/02240 21 September 2026
Department of Corporate Services,
BSE Limited
Floor 25, P J Towers,
Dalal Street,
Mumbai - 400 001
National Stock Exchange of India Limited
Exchange Plaza,
Bandra Kurla Complex, Bandra (E),
Mumbai - 400 051
Patel Engineering Limited
Patel Estate Road,
Jogeshwari (West) Mumbai – 400102
Sub: Disclosure pursuant to Regulation 29 (2) of the SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011 in relation to equity shares of PATEL ENGINEERING LIMITED
Pursuant to the disclosure required to be made under Regulation 29 (2) of the SEBI (Substantial Acquisition of
Shares and Takeovers) Regulations, 2011, please find attached the disclosure in respect of the release of pledged
equity shares and acquisition of NDU of “PATEL ENGINEERING LIMITED” by “Catalyst Trusteeship
Limited” in the capacity of Debenture Trustee for the benefit of Debenture Holders.
For Catalyst Trusteeship Limited
Authorised Signatory
Name: Deesha Srikkanth
Designation: Senior Vice President
Place: Mumbai
Date: 21 September 2026
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
PATEL ENGINEERING LIMITED
Name of the Target Company (TC)
a) Release of Pledged Equity shares of
Name(s) of the acquirer and Persons Acting in Concert
PATEL ENGINEERING LIMITED
(PAC) with the acquirer
by Catalyst Trusteeship Ltd acting as
Debenture Trustee on behalf of
Debenture Holders.
b) Creation of NDU of PATEL
ENGINEERING LIMITED
Whether the acquirer belongs to Promoter/Promoter group
BSE Limited
Name(s) of the Stock Exchange(s) where the shares of TC
National Stock Exchange of India Limited
are Listed
Number % w.r.t.total % w.r.t.
share/voting total diluted
Details of the acquisition / disposal as follows
capital share/voting
wherever capital of
applicable(*) the TC (**)
Before the acquisition/disposal under consideration,
holding of:
a) Shares carrying voting rights
- - -
b) Shares in the nature of encumbrance (pledge/ lien/
26,10,52,982 26.31 26.31
non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares
- - -
d) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
- - -
voting rights in the T C (specify holding in each
category)
e) Total (a+b+c+d)
26,10,52,982 26.31 26.31
Details of acquisition/sale:
- - -
a) Shares carrying voting rights acquired/sold
- - -
b) VRs acquired /sold otherwise than by shares
c) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
- - -
category) acquired/sold
d) Shares encumbered / invoked/released/NDU
encumbered by the acquirer
(6,16,71,158) (6.22) (6.22)
Release of pledged shares
6,16,71,158 6.22 6.22
NDU encumbered
e) Total (a+b+c+/-d)
Nil Nil Nil
After the acquisition/sale, holding of:
a) Shares carrying voting rights
- - -
b) Shares encumbered with the acquirer
26,10,52,982 26.31 26.31
c) VRs otherwise than by shares
- - -
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
- - -
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
e) Total (a+b+c+d)
26,10,52,982 26.31 26.31
By way of release of pledge of equity shares
Mode of acquisition / sale (e.g. open market / off-market /
of (6,16,71,158)
public issue / rights issue / preferential allotment / inter-se
transfer etc).
NDU Acquisition of 6,16,71,158
Equity shares released on September 17,
Date of acquisition / Release of shares / VR or date of
2026 (6,16,71,158)
receipt of intimation of allotment of shares, whichever is
applicable
NDU Acquisition of 6,16,71,158 on
September 18, 2026
99,21,41,937
Equity share capital / total voting capital of the TC before
the said acquisition / sale
99,21,41,937
Equity share capital/ total voting capital of the TC after
the said acquisition / sale
99,21,41,937
Total diluted share/voting capital of the TC after the said
acquisition
99,21,41,937 Total share capital/ voting capital to be taken as per the latest filing done by the company
to the Stock Exchange under Clause 35 of the listing Agreement.
Note:-
Release of Shares of PATEL ENGINEERING LIMITED
- Release of Pledged Equity shares -6,16,71,158 of PATEL ENGG LTD by Catalyst Trusteeship Ltd
acting as Debenture Trustee on behalf of Debenture Holders.
Acquisition of NDU-
NDU Acquisition of 6,16,71,158
Ms. Janky Patel - 2,92,83,433- 2.95%
Praham India LLP- 32387725- 3.26%
For Catalyst Trusteeship Limited
Authorised Signatory
Name: Deesha Srikkanth
Designation: Senior Vice President
Place: Mumbai
Date: 21 September 2026