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Polysil Irrigation Systems LimitedInsider Trade, 02-07-2025: Insider/ Institutional Trade

02-07-2025 | 07:33 pm

Bharatkumar Tulshibhai Patel, a promoter of Polysil Irrigation Systems Limited, along with persons acting in concert, acquired 27.7 lakh equity shares (12.31% of total share capital) and 1.44 crore convertible warrants (25.03%) through preferential allotment. Post-acquisition, Bharatkumar Patel’s total shareholding rose to approximately 56.36 lakh shares (25.05%) with convertible securities increasing his effective stake further. The warrants are convertible into equity shares within 18 months. This significant fresh issue increases promoter control and potential future dilution for investors.

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