KPT Industries Foreign Promoters Exit Completely After Selling Entire 3.74% Stake

KPT Industries Ltd. has informed BSE Limited about significant changes in its promoter shareholding structure, with two foreign promoters completely exiting their positions in the company. The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Complete Promoter Exit

Mrs. Nirmala Dilip Kulkarni and Mr. Dilip Arvind Kulkarni, both Non-Resident Indians holding shares on a non-repatriation basis, have sold their entire shareholding in the company. The promoters originally held 1,27,012 equity shares, representing 3.74% of the company's total equity.

Timeline of Share Sales

The promoters conducted their exit through multiple transactions spread across several months:

Transaction Period Shares Sold Notification Date December 2024 5,155 Equity Shares January 9, 2025 March 14-20, 2026 21,090 Equity Shares March 26, 2026 March 25, 2026 75,408 Equity Shares March 26, 2026 March 25-31, 2026 25,359 Equity Shares (0.75%) April 7, 2026

Regulatory Compliance Issues

The company has disclosed that the promoters sold their shareholding without informing the company or obtaining pre-clearance under the SEBI (Prohibition of Insider Trading) Regulations, 2015. This represents a significant compliance breach in the share transfer process.

The final transaction involving 25,359 equity shares came to the company's knowledge only on April 7, 2026, when they received the Benpos (Beneficial Position) statement for the quarter ending March 31, 2026.

Current Shareholding Status

Parameter Details Original Holding 1,27,012 Equity Shares (3.74%) Total Shares Sold 1,27,012 Equity Shares Current Holding NIL Promoter Status No longer hold shares under promoter category

Following the complete divestment, both Mrs. Nirmala Dilip Kulkarni and Mr. Dilip Arvind Kulkarni no longer hold any equity shares under the promoter category in KPT Industries Ltd. This marks a significant change in the company's ownership structure, with the foreign promoter component being completely eliminated from the shareholding pattern.

KPT Industries Ltd. has disclosed significant changes in promoter shareholding that occurred without proper regulatory compliance, as communicated to BSE Limited on March 26, 2026.

Promoter Share Sale Details

The company revealed that two promoters, Mrs. Nirmala Dilip Kulkarni and Mr. Dilip Arvind Kulkarni, sold their partial holdings without informing the company or obtaining the mandatory pre-clearance required under SEBI (Prohibition of Insider Trading) Regulations, 2015.

Parameter: Details Promoter Names: Mrs. Nirmala Dilip Kulkarni, Mr. Dilip Arvind Kulkarni Category: Promoter Residential Status: Non-Resident Indian (Non-Repatriation basis) Original Holding: 1,27,012 Equity Shares (3.74%) Final Holding: 25,359 Equity Shares (0.75%)

Transaction Timeline

The share sales occurred across multiple periods, with the company becoming aware of these transactions only on March 26, 2026. The sales were executed in three distinct phases without proper regulatory compliance.

Period: Shares Sold Status December 2024: 5,155 Equity Shares Previously informed to BSE on January 9, 2025 March 14-20, 2026: 21,090 Equity Shares Recently discovered March 25, 2026: 75,408 Equity Shares Recently discovered Total Shares Sold: 1,01,653 Equity Shares Without pre-clearance

Regulatory Compliance Issues

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The promoters' failure to obtain pre-clearance before executing these transactions represents a violation of established insider trading regulations.

KPT Industries Ltd., headquartered in Shirol, Kolhapur, Maharashtra, operates in the power tools, blowers, and electric vehicles segments. The company emphasized that these facts came to their knowledge only on March 26, 2026, indicating a lack of prior communication from the promoters regarding their trading activities.

Impact on Shareholding Structure

The substantial reduction in promoter shareholding from 3.74% to 0.75% represents a significant change in the company's ownership structure. The total value of shares sold amounts to 1,01,653 equity shares across the various transaction periods, with the largest single transaction occurring on March 25, 2026.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.