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Polysil Irrigation Systems LimitedInsider Trade, 03-07-2025: Insider/ Institutional Trade

03-07-2025 | 02:59 pm

Bharatkumar Tulshibhai Patel, a promoter of Polysil Irrigation Systems Limited, acquired 27.7 lakh equity shares and 1.44 crore warrants through preferential allotment. Post-acquisition, his shareholding increased to 56.4 lakh shares (25.05%) and 1.17 crore warrants (20.31%). The total shareholding of the promoter group rose to 2.07 crore shares, representing 28.02% of the equity, and warrants totaling 25.03%. Warrants are convertible into equity shares within 18 months. This move significantly strengthens promoter control, potentially impacting share liquidity and future equity dilution for investors.

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