BSEInsider Trading / SAST4d ago · 1 Sept 2026, 10:39 am
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vishnukumar Vitthalbhai Patel & Others
Praveg Ltd · 531637
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Praveg Ltd's promoter group has made a significant acquisition of shares, increasing their holding to 46.18% of the total voting capital. The acquisition was made through off-market transactions on August 27, 2026.
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Earnings Impact2/10
Growth Catalyst2/10
Governance Concern5/10
Regulatory Risk2/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment5/10
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Praveg Ltd - 531637 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
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From,
Vishnukumar Vitthaldas Patel
A‐25, Divine Highland,
Opp. Satyam Complex, Science City Road,
Sola, Ahmedabad ‐ 380060
August 31, 2026
To, To,
BSE Limited Praveg Limited
25th Floor, P J Towers, 18th Floor, Westport, Opp.
Dalal Street, Fort, Montecristo Banquet, Sindhu Bhavan Road,
Mumbai ‐ 400 001 Thaltej, Ahmedabad‐380059
Dear Sirs,
Subject: Disclosures under SEBI (Substantial Acquisition of Shares and
Takeover) Regulations, 2011
Please find enclosed herewith a copy of disclosure under Regulation 29(2) of SEBI
(Substantial acquisition of Shares and Takeover) Regulations, 2011.
You are requested to take the same on your Record.
Thanking you,
Vishnukumar Patel
Category ‐ Promoter
Praveg Limited
Place : Ahmedabad
Date : 31/08/2026
Encl: As above
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Name of the Target Company (TC) Praveg Limited
Name(s) of the acquirer and Persons Acting in Vishnukumar Vitthalbhai Patel (Promoter)
Concert (PAC) with the acquirer Patel Ashaben Vishnukumar (Promoter Group)
Vitthalbhai Dwarkabhai Patel (Promoter Group)
Kamlaben Vitthalbhai Patel (Promoter Group)
Vishnubhai Vitthalbhai Patel HUF (Promoter
Group)
Harsh Vishnubhai Patel (Promoter Group)
Zalak Harsh Patel (Promoter Group)
Jhaveri Credits and Capital Limited (Promoter
Group)
Whether the acquirer belongs to Yes
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the BSE Limited
shares of TC are Listed
Details of the acquisition / disposal as Number % w.r.t. total % w.r.t. total
follows share / voting diluted share /
capital wherever voting capital
applicable (*) of the TC (**)
Before the acquisition / disposal under
consideration, holding of:
a) Shares carrying voting rights
Vishnukumar Vitthalbhai Patel 56,75,002 21.71 21.70
Patel Ashaben Vishnukumar 43,75,362 16.74 16.73
Vitthalbhai Dwarkabhai Patel 9,03,213 3.46 3.45
Kamlaben Vitthalbhai Patel 2,06,945 0.79 0.79
Vishnubhai Vitthalbhai Patel HUF 25,223 0.10 0.10
Harsh Vishnubhai Patel 8,27,080 3.16 3.16
Zalak Harsh Patel 3000 0.01 0.01
Jhaveri Credits and Capital Limited 56,469 0.22 0.22
Total 1,20,72,294 46.18 46.17
b) Shares in the nature of encumbrance - - -
(Pledge / lien / 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 TC
e) Total (a+b+c+d) 1,20,72,294 46.18 46.17
Details of acquisition/sale
a) Shares carrying voting rights acquired /
sold
Vishnukumar Vitthalbhai Patel 9,03,213 3.46 3.45
Vitthalbhai Dwarkabhai Patel (9,03,213) (3.46) (3.45)
Total 0 0.00 0.00
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
d) Shares encumbered / invoked / released by
the acquirer
e) Total (a+b+c+/-d) 0 0.00 0.00
After the acquisition / sale, holding of:
a) Shares carrying voting rights
Vishnukumar Vitthalbhai Patel 65,78,215 25.16 21.16
Patel Ashaben Vishnukumar 43,75,362 16.74 16.73
Kamlaben Vitthalbhai Patel 2,06,945 0.79 0.79
Vishnubhai Vitthalbhai Patel HUF 25,223 0.10 0.10
Harsh Vishnubhai Patel 8,27,080 3.16 3.16
Zalak Harsh Patel 3000 0.01 0.01
Jhaveri Credits and Capital Limited 56,469 0.22 0.22
Total 1,20,72,294 46.18 46.17
b) Shares encumbered with the acquirer - - -
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) 1,20,72,294 46.18 46.17
Mode of acquisition / sale (e.g. open market / Transmission of Shares (off-market)
off-market / public issue / rights issue /
preferential allotment / inter-se transfer etc.).
Date of acquisition / sale of shares / VR or date August 27, 2026
of receipt of intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital of the INR 26,14,06,950 consisting of 2,61,40,695 equity
TC before the said acquisition / sale shares of face value of INR 10 each
Equity share capital / total voting capital of the INR 26,14,06,950 consisting of 2,61,40,695 equity
TC after the said acquisition / sale shares of face value of INR 10 each
Total diluted share / voting capital of the TC INR 26,15,01,760 consisting of 2,61,50,176 equity
after the said acquisition / sale shares of face value of INR 10 each
(*) Total Share Capital / voting Capital to be taken as per the latest filling done by the Company to the Stock
Exchange under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015;
(**) Diluted share / voting capital means the total number of shares in the TC assuming full conversion of the
outstanding convertible securities / warrants into equity shares of the TC.
For and on behalf of the Acquirers
Vishnukumar Vitthalbhai Patel
Promoter
Place : Ahmedabad
Date : 31/08/2026