KCP Sugar & Industries Corporation Ltd. has disclosed the acquisition of 75,000 equity shares by promoter Mr. Vinod R. Sethi through open market purchases, as per the regulatory filing under SEBI (SAST) Regulations. The acquisition represents 0.06% of the company's total issued and paid-up share capital.
Acquisition Details
The share purchase was executed in two separate transactions during March 2026. The acquisition details are summarized below:
Transaction Date Shares Acquired Percentage of Total Capital March 23, 2026 50,000 0.04% March 24, 2026 25,000 0.02% Total 75,000 0.06%
Shareholding Pattern Changes
Following the acquisition, Mr. Vinod R. Sethi's shareholding in the company has increased substantially:
Parameter Before Acquisition After Acquisition Change Number of Shares 8,98,610 9,73,610 +75,000 Percentage Holding 0.79% 0.85% +0.06%
Company Share Capital Structure
KCP Sugar and Industries Corporation Ltd. maintains a consistent equity share capital structure throughout the acquisition period:
Details Specification Total Equity Shares 11,33,85,050 Face Value per Share Re 1/- Listing Exchanges BSE Limited and National Stock Exchange of India Limited
Regulatory Compliance
The disclosure was made pursuant to Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mr. Vinod R. Sethi, who serves as Promoter and Executive Chairman with DIN 00106598, completed both transactions through open market purchases.
The company's shares are listed on BSE Limited under scrip code 533192 and on National Stock Exchange of India Limited under the symbol KCPSUGIND. All acquisitions were completed without any encumbrances, voting rights other than shares, or convertible securities involved in the transactions.
kcp sugar & industries Corporation Ltd. has disclosed that its Promoter and Executive Chairman, Mr. Vinod R. Sethi, acquired 1,00,000 equity shares through open market transactions in March 2026. The acquisitions were reported under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Share Acquisition Details
Mr. Sethi executed the share purchases through three separate open market transactions over a four-day period. The acquisitions demonstrate continued confidence in the company's prospects by its key promoter.
Transaction Date Shares Acquired Cumulative Holding Shareholding % March 16, 2026 50,000 8,48,610 0.73% March 17, 2026 25,000 8,73,610 0.76% March 19, 2026 25,000 8,98,610 0.79%
Shareholding Pattern Changes
Prior to these acquisitions, Mr. Sethi held 7,98,610 equity shares, representing 0.68% of the company's total issued and paid-up share capital. Following the completion of all three transactions, his total shareholding increased to 8,98,610 shares, representing 0.79% of the total share capital.
Parameter Before Acquisition After Acquisition Number of Shares 7,98,610 8,98,610 Shareholding Percentage 0.68% 0.79% Total Shares Acquired - 1,00,000
Company Share Capital Structure
K.C.P. Sugar and Industries Corporation Ltd. maintains a total equity share capital of 11,33,85,050 equity shares of Re 1/- each. The company's shares are listed on both BSE Limited (Scrip Code: 533192) and National Stock Exchange of India Ltd. (Symbol: KCPSUGIND). The acquisitions did not result in any changes to the company's total share capital structure.
Regulatory Compliance
The company has fulfilled its regulatory obligations by promptly disclosing these share acquisitions to both stock exchanges. T. Karthik Narayanan, Company Secretary, submitted the required disclosures in the prescribed format under SEBI regulations. All transactions were conducted through open market purchases, ensuring transparency and compliance with market regulations.
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